SiliconBeat

If you were going to put out a release you hoped few would notice, a Thursday eve prior to the July 4th holiday and a long weekend would seem as good time as you could find. That’s when Catapult Communications of Mountain View chose to tell the world that it expects to report sales of $8.5 million for its third fiscal quarter ended Monday. That’s down about 14 percent from the company’s original estimate of $9.9 million.

Richard Karp, the company’s chief executive said that although the results will be Read the rest of this entry »

Catapult Communications went shopping for a new accounting firm over the holidays and found one whose services were more than 40 percent cheaper than its recently dismissed vendor, Deloitte & Touche, according to a Friday filing.

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