Nortel delays filing results -- again
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Nortel, which had set mid-November as the target date for releasing restated and current results, said it's near the end of the restatement process.
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Network support provider Nortel Networks Corp. said Thursday that the transfer of its Montreal manufacturing activities to Flextronics has been delayed to the first quarter of 2005, to allow Nortel to focus on completing its financial restatements.
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MANHASSET, NY - Nortel Networks Corp. announced Wednesday (Oct. 27) that it will postpone releasing its third-quarter 2004 earnings until December, as the network infrastructure company continues to work
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TORONTO Nortel Networks, the Canadian telecommunications equipment maker, said Thursday that it was delaying yet again the release of much-anticipated financial reports but that it expected to have them ready early in the new year.
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OTTAWA - Nortel Networks has announced that it&#39;s once again delaying the release of financial reports. The company is currently reviewing its accounting for the past four years.
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Nortel (NT:NYSE - news - research) suffered another setback on its march to accountability Thursday, warning that it will need an additional month to complete its audit and file restated financials.
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The beleaguered networking gear maker says it won't be able to file earnings on the date it expected.
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In a long-delayed report, Canada's embattled telecommunications equipment supplier, Nortel Networks, sharply revised downward its 2003 profits to correct for bogus accounting.
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Nortel Networks Corp., which plans to shed some light tomorrow morning on its financial performance for the first half of the year, hinted yesterday that those long-awaited results could be short on details.
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Computer and server maker Dell Inc. said Thursday it is delaying the filing of its full third-quarter results as it continues to investigate some of its accounting practices.
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TORONTO - Nortel Networks warned Thursday its third-quarter revenue will be below the $2.6 billion US preliminary unaudited revenues it reported for the second quarter.
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Blog: Failure to file quarterly earnings reports while the company investigates possibly refiling over accounting errors has resulted in a repeat notice of possible NASDAQ delisting.
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Nortel Networks said today that after months of trying to untangle faulty financial results, it won't file its 2003 and first-half 2004 results until early next year.
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Nortel Networks Corp. NT.TO, one of  the world's biggest telecoms equipment makers, has again  delayed filing its restated financial results, mainly because  of revenue reporting issues, the company said on Thursday .
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TORONTO -- Nortel Networks Corp., which is in the process of resolving an accounting mess that will result in restatements of prior years&#39; earnings, expects a 28 percent reduction in previously announced net earnings for 2003, compared with its previous
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) , one of the world&#39;s largest makers of telecoms equipment, said on Wednesday it would miss by about two weeks its end of October deadline
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) put a specific date, Jan. 10, on when it will start filing its much-delayed restatement of financial results on