Insituform Technologies Revises Q2 Earnings Downward

Date: August 4, 2005

Source: News Room

Insituform Technologies has revised its second quarter 2005 financial results downward. The company had originally announced net income of $3.6 million, or $0.13 per diluted share, for the quarter, but has revised that figure to $2.7 million, or $0.10 per share. The adjustment results from a revised cost estimate to complete an isolated project, which is now approximately 70 percent complete.
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