QinetiQ Swings To Profit

by Benzinga Staff
November 23, 2011 5:10 AM | 12 seconds read | Make a Comment
QinetiQ Group PLC (OTC: QNTQY) swung to a half-year net profit.QinetiQ's net profit for the period came in at GBP66.6 million, versus a year-ago net loss of GBP42.1 million. Its revenue dropped 14% to GBP739.6 million from GBP864.9 million.

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