Management Consulting Group PLC revised earnings guidance for the year ending December 31, 2017. The company expects that changes were made to improve its operations in North America given that revenues were not at levels to restore profitability. This change process has continued, however, it is taking more time than originally anticipated for revenues to reach required levels, in particular some large potential engagements failed to materialize in North America including the second phase of an existing project not moving forward. This has impacted the second half trading and as a result group revenues for 2017 will now be below its previous expectations.