L-1 expects revenue for the full-year ending December 31, 2010 of $685.0 million - $690.0 million, revised from $715.0 million - $725.0 million due to the delay in commencing recently booked biometric and credentialing international programs, coupled with multiple Federal credentialing opportunities sliding into 2011 and a postponement of HIIDE and PIER sales to government customers (see footnote 1).
Wednesday, November 3, 2010
L-1 Identity Solutions Reports Third Quarter 2010 Financial Results
L-1 Expects Sale of L-1 Intelligence Services in Q4 2010 and Acquisition of L-1 by Safran SA in Q1 2011 (BusinessWire.com)
