Brief: Garrett Motion Says Error Made In Computation Of Basic, Diluted GAAP EPS For Three, Six Months Ended Jun 30, 2021

Garrett Motion. (Delaware)

14/02/2022 12:25

Feb 14 (Reuters) - Garrett Motion Inc  G02.F :
    * GARRETT MOTION SAYS ON FEB 8, 2022, CO CONCLUDED THAT
ERROR MADE
IN COMPUTATION OF BASIC, DILUTED GAAP EPS FOR THREE AND SIX
MONTHS ENDED JUNE 30, 2021
    * GARRETT MOTION - ON FEB 8, 2022, CO CONCLUDED THAT ERROR
MADE IN
COMPUTATION OF BASIC, DILUTED GAAP EPS FOR THREE, NINE MONTHS
ENDED SEPTEMBER 30, 2021
    * GARRETT MOTION - ON FEB 8, 2022, AUDIT COMMITTEE OF BOARD,
IN
CONSULTATION WITH MANAGEMENT, CONCLUDED THAT INTERIM REPORTS OF
Q2, Q3 SHOULD NO LONGER BE RELIED UPON
    * GARRETT MOTION - RESTATING IMPACTED FINANCIAL INFORMATION
FOR
AFFECTED PERIODS IN ANNUAL REPORT ON FORM 10-K FOR FISCAL YEAR
ENDED DECEMBER 31, 2021
    * GARRETT MOTION - AS RESULT OF ERROR, CO DETERMINED THAT
MATERIAL
WEAKNESS IN INTERNAL CONTROL OVER FINANCIAL REPORTING EXISTED AS
AT DECEMBER 31

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Further company coverage:  G02.F 

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