BOSTON (Thomson Financial) - Technology Solutions Co. Tuesday reported a
preliminary fourth-quarter loss of $300,000, or 12 cents a share, versus a loss
of 89 cents a share in the third quarter of 2007.
The Chicago-based provider of information technology services said it
expects revenue to decline 5% sequentially to $5.3 million.
Cash, cash equivalents and investments as of Dec. 31 are expected to be $11
million, the company said.
Technology Solutions said it anticipates releasing fourth-quarter and
full-year financial results in the latter part of March.
The stock closed at $2.77 on Monday.
Greg Saulnier
gs/vj
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|