VirtualScopics (VSCP) lowers its FY12 revenue view to $12.5M - $13M from its prior $14M - $15M...

|By:, SA News Editor

VirtualScopics (VSCP) lowers its FY12 revenue view to $12.5M - $13M from its prior $14M - $15M estimate, and below current FY12 consensus of $14.3M. The company attributes the downward revision to delays in new study initiations and analysis services, as well as a slow-down in decisions on pending outstanding proposals. Shares -11.7% AH.