TITLE

Earnings News and Notes

PUB. DATE
August 2010
SOURCE
TR2: Terror Response Technology Report;8/4/2010, Vol. 6 Issue 16, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that L-1 Identity Solutions has widened its losses during the second quarter of 2010 in relation to its pursuit of a sale of the firm as sales declined by two percent due to lower than expected volume in the U.S. The firm also attributes its weak sales performance to a delay in the receipt of an Automated Biometric Identification System licensing revenue from a U.S. government agency and a delay in the start of a credentialing program for a client in Africa. Particular focus is given to the firm's earnings outlook for 2010.
ACCESSION #
54420755

 

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