Ness Technologies raises full-year sales outlook

Information technology company Ness Technologies Inc. raised its fiscal 2008 revenue outlook Monday.

The company now expects sales of between $660 million and $680 million compared with $562.3 million last year.

The new sales outlook is an increase from its previous guidance of $635 million to $655 million, issued Feb. 5.

It reaffirmed its profit outlook of $1 to $1.05 per share. The company reported earnings of 26 cents per share in 2007.

Analysts polled by Thomson Financial expect profit of $1.02 per share on sales of $644.2 million.

Hackensack, N.J.-based Ness provides software outsourcing, systems integration, network security and other information technology services.