BIDZ.com slips 13% after 2008 revenue outlook below Street viewWill Atkinson | May 07, 2008 3:32pm EDT | User Rating N/A
BIDZ.com, Inc. (Nasdaq:BIDZ) shares are slipping 13% after the Internet auction retailer reiterated 2008 revenue guidance ranging from $225 million to $230 million. The Culver City, Calif.-based company raised its 2008 earnings guidance to between $0.52 and $0.55 per share, versus a previous range of $0.49 to $0.53 per share. Wall Street analysts expect revenue of $233.8 million on earnings of $0.53 per share.
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