CMGI Slips 6.5% As It Reaffirms Forecast
Internet holding company
CMGI
(CMGI)
was down 6.5% in preopen
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Yesterday it announced that it is comfortable with its previous second-quarter revenue forecast of $335 million to $345 million.
Separately, CMGI's
NaviSite
(NAVI) - Get Navient Corporation Report
unit said its revenue will be lower than estimated, but it added that it expects gains in other areas to compensate.
