Wednesday, May 9, 2007

UPDATE 1-Emageon warns of '07 loss; shares hit year-low

(Reuters) - Emageon, which had earlier forecast a profit view, said the lower bookings were largely due to delays on the part of its customers and potential customers as opposed to competitive losses.

For 2007, Emageon now expects to post a net loss of $3.7 million to $4.9 million, or 17 to 22 cents a share, on revenue of $112 million to $115 million. Excluding charges, it expects to earn 35 cents to 40 cents a share.


Read more at Reuters.com Market News

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