Intergraph Q2 revenues to show $25 million shortfall

It's all Intel's fault, claims CEO

PC workstation vendor Intergraph is due to report its latest financial results, for the quarter ended 30 June, later this month, but the company yesterday warned that it expects to see a $25 million shortfall in revenues. And who does Intergraph blame? Step forward, Chipzilla. "Our current computer hardware offering is not sufficiently differentiated to overcome the impact of Intel's actions against Intergraph," said CEO Jim Meadlock. Curiously, it said pretty much the same thing this time last year, too. This time round, the company has been resizing its hardware development and sales operations to deal with the "level of hardware orders and revenues being generated", said Meadlock. That process will cost the company a $3 million charge, to be taken in the quarter. However, that will be more than balanced by the $11 million the company made by selling off its InterCAP graphics subsidiary back in April. Intergraph's formal statement of results is due on 26 July. ®