EMGS
shares
were
trading
down
12.59%
at
Nkr
11.80
($2.10)
on
Monday
afternoon
in
Oslo.
The
company
said
earlier
on
Monday
it
now
expected
to
book
$44
million
in
revenues
for
the
three-month
period,
down
from
$57.8
million
in
the
year-ago
period.
EMGS
remained
upbeat,
however,
expecting
to
catch
up
on
the
lost
revenues
in
the
current
quarter.
"Although
we
are
disappointed
that
sales
in
the
fourth
quarter
came
in
short
of
our
expectations,
we
see
this
purely
as
a
timing
issue
and
expect
to
book
the
shortfall
in
the
first
quarter,”
commented
chief…
