Monday, December 16, 2002
InVision Technologies Inc. raised its fourth-quarter profit and revenue target Monday, citing continue demand for explosives detection equipment by the U.S. government.
InVision said it expects fourth-quarter earnings of at least $1.60 a share on revenue of at least $160 million. In October, the company targeted revenue of at least $140 million and earnings of at least $1.30.
The company's outlook for 2003 was left unchanged. InVision said it still expects 2003 revenue of at least $400 million.
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