rbT1: New orders of $1.68 bln for Q1 increased 32% sequentially and 66% yoy. Backlog at the end of Q1 was $2.63 bln, compared to $2.50 bln at the end of Q403... CIBC had expected bookings to rise 30-35% sequentially vs guidance of 20%. Smith Barney expected order growth of 25-35%.
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