From DJ newswire.Sapient Corp. (SAPE) swung to a first-quarter profit of $775,000, or a pennya share, from a year-earlier loss of $1.44 million, or 1 cent a share. The Cambridge, Mass., technology and business consulting company's revenuegrew to $125 million from $90.1 million. On average, analysts expected the company to post a quarterly profit of 2cents a share and revenue of $118.7 million, according to Thomson Financial.
The CC is not impressive. It will go down when people realize that it missed earnings by 1c and the mess on the option probe.
Yes. Someone's just having a bit of fun in AH at weak and newbie shorts expense.