Radio-frequency identification (RFID) solutions provider Impinj (NASDAQ: PI) was scheduled to report its second-quarter results on Aug. 6. But an investigation by the audit committee of Impinj's board of directors related to a complaint filed by a former employee has gummed up the works. Impinj has delayed its earnings release, and it won't be able to file its quarterly report until the investigation is complete.The company did provide some preliminary second-quarter numbers, though, and CEO Chris Diorio had some optimistic things to say about the company's turnaround.Image source: Impinj.Continue reading
Similar Stories to Why Impinj Delayed Its Earnings Report on Bing News
newsfeedback@fool.com (Timothy Green), The Motley Fool
Tue, 08/07/2018 - 2:36pm
BING NEWS:
- Macy’s employee hid up to $154M in expenses; complete earnings report delayed
During a week that all eyes are on Macy’s the iconic department store chain is making headlines for a reason outside of its annual Thanksgiving Day parade.
11/25/2024 - 9:13 am | View Link - Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in erroneously reported expenses. The company said it discovered the issue ...
11/25/2024 - 5:23 am | View Link - Macy's Q3 results delayed after employee hides millions in expenses
Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of ...
11/25/2024 - 4:43 am | View Link - A Macy’s employee made accounting errors ‘intentionally,’ hiding up to $154 million in expenses. Now the company’s earnings report is delayed
The Macy’s employee, who is no longer with the company, hid delivery expenses during the course of almost three years.
11/25/2024 - 3:46 am | View Link - Macy's finds employee hid $154 million in expenses, earnings report delayed
Macy's announced Monday that it would delay its full third-quarter earnings report because of an employee hiding up to $154 million in expenses, sending its stock plummeting in early trading.
11/25/2024 - 3:39 am | View Link - More
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