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STERLING, Va. - NeuStar Inc., a provider of clearinghouse services for communications companies, on Wednesday cut its 2008 revenue guidance and issued a disappointing profit prediction for the year, citing reduced contributions from one of its businesses.
| NSR | 22.15 |  -0.85 |
NeuStar said it now expects its 2008 revenue to total between $500 million and $515 million, down from its previous prediction of over $515 million.
Analysts polled by Thomson Financial expect $512.3 million in revenue for the year. NeuStar said its new prediction includes about $20 million in revenue from its NeuStar Next Generation Messaging business, down about $15 million from its previous prediction.
The company also projected a 2008 profit of more than $70 million, or more than 90 cents per share. Analysts, on average, expect a profit of $1.31 per share.
NeuStar shares fell 21 cents to $28.14 in aftermarket trading, after rising 9 cents to $28.35 in the regular session.
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