Hypercom revised its third quarter forecast yesterday announcing it will report special charges to pre-tax earnings of $16.1 million resulting in an operating loss of $5.0 million, and that revenues will be off by more than $10 million. The news sent Hypercom’s stock down by 32% to close at a new 52-week low of $1.91 per share. Hypercom said its is taken aggressive action to restructure the operations of its POS Terminals and Network Systems Group to improve operating efficiencies, reduce its exposure in Latin America and discontinue activities that are unprofitable and tangential to its core products and services. The company has also started negotiations on the sale of several standalone operations that no longer align with the company’s core business and growth objectives. These unprofitable operations account for a combined operating loss over the last twelve months of $5.2 million on revenues of $26.6 million. The company said the lower third quarter revenues are the result of the delayed release of its new “T7Plus” POS terminal. For complete details on Hypercom’s latest results visit CardData ([www.carddata.com]).