Diligent misses filing date for first-half earnings, shares drop to 9-month low

Thu, 29 Aug 2013

By Tina Morrison Aug. 30 (BusinessDesk) – Diligent Board Member Services, the governance app maker hit by a slew of administrative missteps, has missed a deadline to file earnings with the New Zealand stock exchange while it reworks its accounts for the past three financial years to change how it recognises revenue. Diligent was refused a stock exchange waiver for missing yesterday’s deadline to file its preliminary first half earnings report, however the exchange said it will take no action against the firm delaying the report until Oct. 28,...

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