InnerWorkings Inc. (INWK) announced after the bell Tuesday that it now expects revenue of $900 million to $930 million and earnings of $0.45 to $0.50 per share for the full year 2013. Previously, the company expected full year revenue of $930 to $960 million and earnings of $0.57 to $0.61 per share.
Analysts currently expect the company to earn $0.58 per share on revenue of $945.75 million for the full year 2013.
InnerWorkings gapped open sharply lower Wednesday, but was range-bound throughout the session. The stock finished down by 3.55 at $10.48 on the highest volume of the year. InnerWorkings closed testing the lows of the year, trading at an 11-month low.
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