The company, which was scheduled to release its results at 5pm EST, said it was still evaluating the restatements of past financial results. A brief press release from the company said "The company anticipates that certain of its previously announced estimates will have positive adjustments and others will have negative adjustments."
The earlier restatements arose when it was discovered that the company recorded some product sales as revenues, even after the sold products were returned to or bought back by the company. Those restatements would lower fiscal 2000 revenue by $12-$15 million, dropping income by $3.1-$3.7 million (11-13 cents per share).
