Sunday, October 28, 2007

BearingPoint Q2-2007 Results: Loss Widens, Gross Profits Drop


BearingPoint recently reported its Q2-2007 results for its second quarter of 2007 ending June 30, 2007....BE is catching up on contemporaneous SEC reporting, so this is for results achieved almost four months ago


Revenue for Q2-2007 were $875 million dropping from Q2-2006 levels of $893 million, and gross profit was $142 million, declining a whopping $49 million from $191 million prior. As a result net income (loss actually) widened to $(64) million from $(2) million in prior quarter...








2 comments:

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