RightNow Technologies (RNOW) Backs Q3 Outlook; Sees Negative Cash Flow, Expects to Reduce FY08 Guidance
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RightNow(R) Technologies (Nasdaq: RNOW) sees Q3 sales and earnings consistent with the company's previously issued guidance. Additionally, the company expects to report negative cash flow from operations primarily due to a lengthening of payment terms and slower cash collections. As a result, the company expects to reduce its full year guidance for cash from operations.
RightNow Technologies, Inc. provides customer relationship management (CRM) software and services in the United States, Europe, and Asia Pacific.
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