Mitel (News - Alert) Networks earned lower revenue of $138.5 million during the recent first quarter -- as employee layoffs are forthcoming.

The Canadian-based communications company had warned earlier this summer that slower sales would lead to revenue for the recent quarter – which ended on July 31 – to range between $138 million and $139 million.

Before that, Mitel had predicted the quarter’s revenue would be between $150 million and $155 million, according to reports.

"Mitel's results for the first quarter reflect a general deterioration in the macro environment," company CEO Richard McBee said in a recent statement. "In response to these results we have taken immediate actions within the business."

The company will let go some 200 employees, which works out to about 10 percent of total employees. The layoffs will take place by October.

In addition, Mitel said it saw a net loss of $1.9 million during the quarter, compared with a net loss of $3.3 million in the same quarter in 2011.

There was some positive news for the company, however. “Our win rates remain strong, aided by our product leadership in virtualization and cloud offerings which continue to be our differentiated positioning with both channel partners and customers," McBee added.

Mitel also predicted that the current fiscal quarter, which will end on Oct. 31, will be see sales of between $140 million and $145 million.

"Our outlook for the second fiscal quarter reflects near term caution however we remain confident in our competitive positioning in the market," Steve Spooner (News - Alert), chief financial officer of Mitel, said in the statement. "Given our revenue performance in the first quarter, in August we implemented a restructuring plan to responsibly manage our business by sizing our cost structure to be consistent with the challenging macroeconomic environment."

In other recent news, Mitel won the Market Challenger PilotHouse award for IP telephony products, according to a company press release. They were given it based on interviews with IT decision-makers and professionals who use the technology. The awards assess a company’s value, technology and customer service.

Mitel continues to give out its own awards, as well. For example, Broadview Networks (News - Alert), a provider of hosted voice, data and cloud computing solutions, was recently given a Diamond Partner Program Award from Mitel, according to TMCnet.

Mitel provides unified communications and collaboration (UCC) software, solutions and services. 

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