|Exactech Inc hits 2 month low after guidance announcement|
|By Staff and Wire Reports|
|Wednesday, 08 July 2009 16:44|
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.