Posts for Ticker ‘VTAL’

Thor’s Hammer Falls On Vital Images (VTAL)

Vital Images (VTAL) which provides enterprise advanced visualization and analysis solutions, today announced preliminary second quarter 2007 revenue of approximately $15.1 million to $15.4 million, versus $16.9 million reported in the second quarter of 2006. The second quarter 2007 net loss per share is expected to range from $0.02 to $0.05, compared to net income per diluted share of $0.09 recorded in the second quarter of 2006.

The company also killed its guidance for the year. It revised its forward-looking revenue guidance for the full year ending December 31, 2007, and currently is expecting revenue of approximately $75 million to $80 million, compared with revenue of $70.5 million in 2006. The company’s prior revenue guidance was $90 million to $95 million.

The stock took Thor’s Hammer on its share price and is down 26% to a new 52-week low of just above $19.

Douglas A. McIntyre

Posted on: July 11, 2007 – 8:44 am in Uncategorized,