Tetra Tech Inc. (TTEK) announced after the close Tuesday that it now expects to report a third quarter loss of $0.30 to $0.50, with revenues of $440 million to $490 million. The consensus estimates are for a profit of $0.38 and revenues of $548.6 million.
Tetra Tech gapped open sharply lower Wednesday and is now down 3.60 at $23.16 on above average volume. The stock has plunged to a new low for the year.
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