SI International lowers Q1 and FY08 outlook
Information services and technology firm SI International, Inc. (Nasdaq:SINT), said after Tuesday’s close that it is lowering its first-quarter and full 2008 guidance due to unexpected delays in the funding of anticipated new work and delays in the award of a major new contract that was expected to start during the first quarter. Shares skidded 18.4%, or $4.51, to $19.99 in pre-market trading.
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