China Direct (CDS) Reports Mixed Q3 Earnings; Guides FY08 Sales Below the Street
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China Direct, Inc. (Nasdaq: CDS) reports Q3 non-GAAP EPS of $0.26, 1 cent better than the analyst estimate of $0.25. Revenue for the quarter was $63.4 million, versus the consensus of $82.36 million.
Sees FY08 sales of $255-$270 million, versus the Street estimate of $308.87 million.
China Direct, Inc. operates as a management and advisory services company in the People's Republic of China and the United States.
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