The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds |

Business / Technology

Our network sites | Advanced

Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times reporter Sharon Chan.

E-mail Sharon| RSS feeds Subscribe | Blog Home| Brier Dudley's Blog

April 10, 2006 3:04 PM

Cray again facing Nasdaq delisting

Posted by Kristi Heim

Supercomputer maker Cray today said it received a notice from the Nasdaq Stock Market last week finding the company was not in compliance with marketplace rules and now faces potential delisting. The problem stems from Cray's failure to file its 2005 annual report on time.

Why does this sound so familiar? Last May, Cray received a similar notice from Nasdaq for failing to include an auditor's opinion on financial reporting in its 2004 annual report.

Cray said last month it would delay filing of its 2005 annual report pending a review of a $3.3 million non-cash item that could force it to adjust its 2004 financial statements. Cray did not give a timeline for when it expects to file.

Digg Digg | Newsvine Newsvine

No comments have been posted to this article.







Sun Mon Tue Wed Thu Fri Sat
          1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
Browse the archives

May 2009

April 2009

March 2009

February 2009

January 2009

December 2008

From the tech blogosphere