(Reuters) - BANGALORE, July 26 - ICT Group Inc. on
Thursday reported a second-quarter loss and cut its 2007
outlook for the third time this year as the business process
outsourcing company saw offshore expansions slowing revenue
growth and increasing costs.
ICT is expanding its operations in the Philippines, India
and Latin America while reducing its North American capacity.
It expects the changes to add additional costs in the second
half of 2007.
Read more at Reuters.com Market News
Thursday reported a second-quarter loss and cut its 2007
outlook for the third time this year as the business process
outsourcing company saw offshore expansions slowing revenue
growth and increasing costs.
ICT is expanding its operations in the Philippines, India
and Latin America while reducing its North American capacity.
It expects the changes to add additional costs in the second
half of 2007.
Read more at Reuters.com Market News
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