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Diamond Management & Technology Consultants revises guidance to increase range

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Provider of management and technology consulting services Diamond Management & Technology Consultants, Inc. (Nasdaq:DTPI) revised its fiscal first-quarter guidance late Thursday to a wider range that stretched inline to above and below the consensus on Wall Street. On the earnings end of the income statement, the firm said it now expects a net loss inline to below the Street.

In addition, Diamond Management expects second quarter net revenue to be flat to up $2 million versus the June quarter—basically inline with analysts’ expectations. The company will report final results on August 7. 

Shares were halted in pre-market trading. For detailed price information and recent news stories about Diamond Management, click DTPI.