National Information Consortium Drops 24% on Delay of Profitability
National Information Consortium (EGOV Quote), which provides software and services to governments, was down 23.8% in early Nasdaq trading, after saying it would not turn an operating profit until 2002.
The company had been expecting to pass the break-even point in 2001. On Sept. 20, it issued an earnings warning and announced layoffs.- Loading Comments...
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