Forecast jolts Lionbridge stock
February 6, 2007 03:33 PM
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Lionbridge Technologies Inc., which offers services to companies entering international markets, said it expects sales of $100 million to $104 million in the first quarter of 2007.
Four analysts polled by Thomson Financial forecast earnings per share of 4 cents on revenue of $108 million.
Shares of Lionbridge, of Waltham, fell 80 cents, or 12.4 percent, to close at $5.63 on the Nasdaq Stock Market. (AP)
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