Spectra7 Microsystems Inc. provided earnings guidance for the second quarter ended June 30, 2017. The company expects to report revenues of approximately $3.1 million for the second quarter of 2017, representing an increase of approximately 15% from the prior quarter and 19% from the same quarter in 2016. Second quarter growth was driven by broad-based adoption of the company's patented active copper cable technology. Gross margin as a percentage of revenue is expected to be approximately 62%-64%, up from 60% in the previous quarter, driven by an improved product mix. As a result of the higher revenues, increased gross margin rate, and lower operating expenses, the company's operating losses are expected to have decreased by over 26% sequentially quarter over quarter.