Exactech Inc hits 2 month low after guidance announcement Print
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.

"Featured Content" profiles are meant to provide awareness of these companies to investors in the small-cap and growth equity community and should not in any way come across as a recommendation to buy, sell or hold these securities. BiomedReports is not paid or compensated by newswires to disseminate or report news and developments about publicly traded companies, but may from time to time receive compensation for advertising, data, analytics and investor relation services from various entities and firms. Full disclosures should be read in the 'About Us Section'.

Add this page to your favorite Social Bookmarking websites
Digg! Reddit! Del.icio.us! Mixx! Google! Live! Facebook! Technorati! StumbleUpon! MySpace! Yahoo!

blog comments powered by Disqus