New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 21, 2014
16:35 EDTHCKTHackett Group to take one-time $3.6M charge for staff reduction
The Hackett Group announced that it would be taking a one-time $3.6M charge in order to reduce staff and exit facilities in non core markets as part of a comprehensive plan to respond to structural market changes and deliver profitable growth in the region. The company had made several leadership and sales related changes as it exited 2013 but wanted to be proactive in its desire to increase its investment to build its Enterprise Performance Management capabilities which have been a big part of its recent growth in North America. Excluding this one-time charge, the company's previously provided revenue guidance for Q1 of $53.0M-$55.0M and proforma diluted EPS of 6c-8c, remains unchanged.
News For HCKT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for HCKT

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use