Late on Tuesday, ADC Telecommunications Inc. (NASDAQ: ADCT) announced that its net loss widened to $442.8 million or $4.45 per share compared with a loss of $27.3 million or 23 cents per share in the prior year quarter. On an adjusted basis, the company posted a loss of 7 cents a share. Revenue plunged to $254 million from $329 million. Analysts on average had projected loss of 10 cents a share on revenue of $252.2 million. Looking forward to the second quarter, the company expects to report loss in the range of 14 cents to 4 cents a share. Chairman, President and CEO E. Switz commented. "ADC continues to manage prudently through the global recession. As indicated by slower customer spending during the first quarter, we anticipate that 2009 will continue to be challenging for ADC and our global customer base. However, our technology remains important to the building of fiber-based and wireless next-generation networks. As a result, we are carefully balancing our cost reduction initiatives with meeting and anticipating our customers' current and future needs, so that we will emerge from the current downturn an even stronger company.

Cache Inc. (NASDAQ: CACH) swung to a fourth quarter net loss of $5.5 million or 42 cents a share, compared to net income of $4.9 million or 32 cents share in the year ago quarter. On an adjusted basis, the company posted loss of 32 cents a share for the quarter. Revenue slipped 16.5% to $65.9 million from $78.5 million. Analysts' estimates were for a loss of 26 cents a share on revenue of $66.13 million. Looking forward to the first quarter of fiscal 2009, the company expects to report loss in the range of 12 cents to 16 cents a share and revenue in the range of $53 million to $55 million. Chairman and Chief Executive Officer Thomas Reinckens stated "Fiscal 2008 marked a challenging period for our Company, as the weak economy affected our sales and profitability during the period. While we expect 2009 to remain challenging, we are confident that our strategies position us to achieve our dual goal of growing the appeal of our Cache brand and at the same time delivering positive cash flow, in an effort to increase value for our shareholders." Shares of the company were up 2.01% in extended trading.

Greatbatch Inc.