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Homeland Security

Earnings News & Notes

DDN

Wednesday, August 6th, 2008

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L-1 Identity Solutions [ID] 2Q08 2Q07 Sales $145M $90.1M Net Inc. $3.2M, $0.04 ($1.2M, 0.02) Organic sales growth was strong across each of the company's operating businesses with overall organic growth at 22%. Growth in secure credentialing was 62%, primarily on higher federal demand and the Passport Card program, sales of biometric devices and development to the U.S. military increased 70%, revenues from intelligence services were up over 20%, and background screening sales grew 23% on state and local demand,…

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