Exactech Inc hits 2 month low after guidance announcement Print E-mail
By Staff and Wire Reports   
Wednesday, 08 July 2009 16:44
Exactech Inc. (NASDAQ:EXAC) announced after the bell Wednesday that it now expects to report second quarter revenues of approximately $43 million.
Earnings for the quarter are also expected to be below prior guidance. The company also adjusted its revenue forecast for the full year 2009 to between $167 million and $173 million. Shares are now down 0.77 on 17K shares.

Exactech Inc. declined for the bulk of Wednesday morning and slipped further going into the close. The stock finished down by 0.66 at $13.52 and set a 2-month low.



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