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Technology Stocks : KROL

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To: Ron who started this subject8/1/2002 10:23:10 PM
From: Ron  Read Replies (1) of 5
 
NEW YORK, Aug 1 (Reuters) - Kroll Inc. (NASDAQ:KROL) on Thursday corrected its revenue guidance for the second-half of 2002 that was issued earlier when the security firm released its second-quarter results.

Kroll said in a news release that it expects second half 2002 revenue to increase 41 percent to 47 percent, or $152
million to $159 million, from the year-earlier $108 million. That forecast includes revenue from Ontrack.
Earlier, the company said it expected revenues in the second half to rise 30 percent to 40 percent.

NEW YORK, Aug 1 (Reuters) - Corporate security firm Kroll Inc. (NASDAQ:KROL) on Thursday reported a second-quarter profit, compared with a loss a year earlier, as demand surged for security, employee screening and consulting services.
Net income was $3.6 million, or 14 cents per share, compared with a loss of $5.7 million, or 25 cents per share, in
the year-ago quarter. The consensus estimate of analysts polled by research firm Thomson First Call was a profit of 13 cents per share.

Net sales rose to $59.7 million from $48.6 million.
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