Sarine Technologies Ltd. provided earnings guidance for the third quarter of 2017. Sarine's historical third quarter results shows that Group revenues are generally some 20% - 40% lower sequentially in third quarter versus second quarter (for most of last decade other than in 2011). The company estimates that of the announced approximate 40% drop in Group revenues for third quarter of 2017, as compared sequentially to second quarter of 2017, most (roughly three quarters) was due to the weaker market conditions. The remaining quarter (some 10% of the sequential decline) was, the company estimates, due to the ongoing illicit competition's activities as well as uncertainties and disinformation relating thereto. The reduction in revenues is primarily in the sales of capital goods and not in the recurring revenue.