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May 05, 2004

Keane's Growth Due to Outsourcing

CRN reports:

"IT services company Keane has credited a 13 percent year-to-year jump in outsourcing revenue with driving better-than-expected first quarter results.

"Keane's quarterly filing yesterday posted first-quarter revenue of $215.8 million, an increase of 6 percent over the first quarter of 2003 and more than the company had projected for the quarter...

"Nearly half of the revenues came from outsourcing services, a primary Keane focus."

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