Government downsizing hurts Calian's Q3 results

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Federal government downsizing are having a negative effect on high-tech firm Calian Technologies, which Wednesday reported a seven-per-cent year-to-year drop in third-quarter revenue to $53.8 million.

Earnings for the Ottawa-based staffing services firm dropped to $2.9 million compared to $3.3 million in the year-ago quarter.

The company will hold a conference call at 2 p.m.

More to come.



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