Telemarketer RMH Teleservices, Bryn Mawr, PA, yesterday revised its revenue projections for fiscal year 2001 because an undisclosed major client in the insurance industry reduced an outsourced telemarketing campaign. Total revenue for the first quarter of FY2001, which ended Dec. 31, was $32.8 million, $3 million less than expected. The workload reduction led the company to close some of its facilities. Shares of RMH stock fell $3.75 to $3.25 yesterday, a new 52-week low, after the news was announced.
Related Posts
Graphic artist finds inspiration in European signage
On a recent trip to Italy, seasoned graphic artist Elizabeth Goodspeed developed a fascination with overseas signage. Entranced…
Change Healthcare suffers $1.6 billion loss from cyberattack
Change Healthcare, a subsidiary of UnitedHealth Group, stands to lose approximately $1.6 billion as a result of a…
Cey Adams’ enduring impact on hip-hop aesthetics
Cey Adams, highly recognized in the graphic design and hip-hop industry, has left an enduring mark on the…