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Art Technology Group Beats Sharply Lowered Estimates

 

Updated from 4:48 PM

Art Technology Group(ARTG Quote), which took dubious honors by issuing one of the worst profit warnings among struggling software companies this earnings season, beat sharply lowered expecations when it issued official results Thursday.

It also said its chief financial officer, Ann Brady, resigned.

The company said it lost $12.9 million, or 19 cents per share, on revenue of $42.8 million. ...

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