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NCI, Inc. (NCIT): Shares cycling in positive trading channel

 May 29, 2008 12:13 PM UTC
Return Risk
-17.65% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
NCIT Positive 05/29/08 +23.89% --

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Filed under: Earnings reports, Technical Analysis, Stocks to Buy

NCI, Inc. (NASDAQ: NCIT) is an information technology firm, providing engineering and professional services to U.S. federal government agencies. Company expertise involves enterprise systems management, network engineering, legacy migration, information assurance, systems integration, logistics and training. NCI employs 2,200, at nearly 100 locations worldwide.


The firm pleased investors late last month, when it reported Q1 EPS of 27 cents and revenues of $91.5 million. Analysts had been looking for 26 cents and $87.9 million. Total backlog passed the $1 billion mark. Management also guided Q2 EPS to 27-29 cents (27 cent consensus), Q2 revenues to $92-$96 million ($90.85M consensus), FY08 EPS to $1.14-$1.22 ($1.13 consensus) and FY08 revenues to $385-$395 million ($372.16M consensus).

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