HACKENSACK, N.J.—Information technology company Ness Technologies Inc. raised its fiscal 2008 revenue outlook Monday.
The company now expects sales of between $660 million and $680 million compared with $562.3 million last year.
The new sales outlook is an increase from its previous guidance of $635 million to $655 million, issued Feb. 5.
It reaffirmed its profit outlook of $1 to $1.05 per share. The company reported earnings of 26 cents per share in 2007.
Analysts polled by Thomson Financial expect profit of $1.02 per share on sales of $644.2 million.
Hackensack, N.J.-based Ness provides software outsourcing, systems integration, network security and other information technology services.
© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
