China Information Technology, Inc. (CNIT) Misses Q2 EPS by 6c; Appoints Interim CFO
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China Information Technology, Inc. (NASDAQ: CNIT) reported Q2 EPS of $0.11, $0.06 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $27.89 million versus the consensus estimate of $37.76 million.
On August 5, 2011, the Board of Directors of the Company resolved to approve Mr. Zhao Zhi Qiang as the Company's Interim Chief Financial Officer effective as of August 5, 2011.
On August 5, 2011, the Board of Directors of the Company resolved to approve Mr. Zhao Zhi Qiang as the Company's Interim Chief Financial Officer effective as of August 5, 2011.
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