Diligent won’t meet deadline for first-half results, sees Feb. 28 delivery date

Wed, 04 Dec 2013

Dec. 4 (BusinessDesk) - Diligent Board Member Services, the governance software developer, says it won’t meet a Dec. 12 deadline to release its first half results and now expects then to be as late as Feb. 28, when it is due to publish its full-year report. The company said NZX has indicated it won’t suspend trading in Diligent’s shares provided it meets the new Feb. 28 deadline. The delay comes as it ploughs through a major exercise to restate its results for fiscal 2010, 2011 and 2012 to adjust for revenue that was recognised earlier than i...

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