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McLEAN, Va. - BearingPoint Inc., a management and technology consultant, lowered its full-year outlook on Monday after posting a narrower first-quarter loss.
| BE | 0.73 |  -0.12 |
The company said it expects a net loss in 2008 of $70 million. Previously, the company had expected between a profit of $1 million and a loss of $70 million.
Revenue growth was likely to be flat compared to 2007's figure of $2.64 billion, the company said. Earlier, it called for 2008 revenue to be "flat to slightly up."
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