PowerSecure International falls on weak fiscal 2008 outlook
Shares of PowerSecure International, Inc. (Nasdaq: POWR) are falling following news after the close on Thursday of a disappointing fiscal 2008 profit outlook. The Wake Forest, N.C.-based provider of energy technology products and services expects net income of between $0.70 per share and $0.90 per share, below the consensus view of $0.97 per share.
At 11:24 a.m. ET, shares were down $1.46, or 11%, to $11.72. For detailed price information and recent news stories about PowerSecure International, click POWR.
