third-quarter earnings were somewhat less than analysts expected and the company lowered its full-year outlook.
The Dallas information outsourcer said excluding various items, it earned $8.5 million, or 48 cents a share, in its latest third quarter, compared with $7.9 million, or 49 cents a share, a year ago. Analysts were forecasting earnings of about 53 cents a share for this year's quarter.
F.Y.I. said third-quarter revenue was $102 million compared with $92.7 million a year ago. The company expects to earn $1.84 to $1.87 a share for all of 2001, well below the consensus forecast of $2.17 a share.