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 Sierra Systems Q4 revenue, earnings fall due to performance of two locations   
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Posted by: ITNovaScotia Admin Tuesday, November 21, 2006

VANCOUVER (CP) - Sierra Systems Group Inc. (TSX:SSG) had a lower fourth-quarter profit and revenue compared with a year ago due to "performance issues" at two of its offices, the company announced Wednesday.

The technology and business consulting firm, which agreed last month to be bought by a U.S. private equity firm, said Thursday it earned $1 million or 11 cents per share for the three months ended Sept. 30. That compared with a profit of $1.8 million or 19 cents per share a year ago.

Quarterly revenue fell to $33.3 million, down from $37.6 million...

See the full story at canada.com

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