LHS raises 2007 revenue guidance

Its strong first-quarter performance prompted LHS to hike its full-year revenue guidance to between 90 million euros ($121.4 million) and 93 million euros ($125.4 million), from the earlier stated target of between 86 million euros ($116 million) and 89 million euros ($120 million).

 

The company in the first quarter posted a 56% revenue rise to 21.7 million euros ($29.3 million) from 14 million euros ($18.9 million) in the same period last year.

 

For the second quarter, LHS expects revenue to hit 23 million euros ($31 million).

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