Spectra7 Microsystems Inc. provided earnings guidance for the third quarter ended September 30, 2017. For the quarter, the company expects to report revenues of approximately $2.0 million as compared to $1.0 million in the same period in the prior year, representing a 100% year-over-year increase in revenue, but a 35% decline from the quarter ended June 30, 2017. Gross margin as a percentage of revenues is projected to fall within the range of 55%-58%, reflecting new product ramp-up costs.