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CSPI - CSP Inc News Story

$9 0.2  2.7%

Last Trade - 25/09/20

Sector
Technology
Size
Micro Cap
Market Cap £30.2m
Enterprise Value £19.3m
Revenue £53.6m
Position in Universe 4944th / 6417

BRIEF-CSP Inc files for non-timely 10-Q

Mon 15th August, 2016 9:35pm
Aug 15 (Reuters) -  
    * CSP Inc files for non-timely 10-Q  
    * In "closing process" for quarter, became aware of 2 errors 
as a result of review of German subsidiary's balance sheet 
reconciliations - SEC filing 
    * Found in investigation that certain accounts receivable 
entries were booked in error to work-in-process inventory 
    * Management'S investigation determined that net debit 
balance in unit's deferred revenue account was "erroneously" 
reclassified to accounts receivable 
    * Expect to file the Q3 quarterly report on or before august 
22, 2016 
 
Source - http://bit.ly/2bzH5LL 
 
 ((Bangalore.newsroom@thomsonreuters.com;))
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