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. |