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OPNET Technologies Inc. (OPNT) Sank To A New Low On Q4 Guidance News

OPNET Technologies Inc. (OPNT: Quote) announced after the close Tuesday that it now expects to report fourth quarter non-GAAP net income of $0.20 to $0.21, with revenues of $44.4 million to $44.6 million. The consensus estimates are for EPS of $0.26 and revenues of $46.99 million.

OPNET Technologies gapped open sharply lower Wednesday and fell during the first half of the morning. Shares finished down by 3.55 at $23.05 on strong volume. The stock has been declining for the past week and sank to a new low for the year.

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by RTT Staff Writer

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