CardioNet Inc. (BEAT) lowered its full year 2009 revenue guidance to between $156 million and $160 million. The company now anticipates EPS of between $0.30 and $0.35 for the year. The consensus estimate is for EPS of $0.66.
CardioNet Inc. gapped open sharply lower Wednesday, but traded in a narrow range throughout the session. The stock finished down by $6.75 at $9.57 on the highest volume of the year and sank to a new low for the year.
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