Delivery delays due to component shortages are expected to impact fourth quarter revenues and results
The ongoing semiconductor shortages are expected to result in significantly increased delivery delays for several of Proact’s large system suppliers during the current quarter. Consequently, Proact estimates that the 2021 fourth quarter revenues and results will be negatively impacted.Proact has seen a strong demand for its systems solutions as well as its services so far in the fourth quarter. However, the global semiconductor shortage is contributing to significant delivery delays at several of the company’s largest suppliers, which is expected to result in that systems deals of an