http://www.allaboutnortel.com/2006/04/29/nts-q4-results-stock-plans/ All the News about Nortel Networks Thu, 09 Feb 2012 03:34:00 +0000 hourly 1 http://www.allaboutnortel.com/2006/04/29/nts-q4-results-stock-plans/comment-page-1/#comment-110 NeilMcIntyre.ca» Blog Archive » Nortel completes latest restatement Sun, 30 Apr 2006 01:51:44 +0000 http://allaboutnortel.com/?p=141#comment-110 [...] Nortel released their 2005 financials Friday and completed their latest round of restatements of prior year financial results. The restatements related to revenue recognition and decreased revenues and net income because the revenue should’ve been booked in later periods. Maybe this will mark a turning point for the Canadian communications equipment company and they can regain their position as a technology leader. The fact they released these disappointing results on a Friday afternoon is of course a little trick to reduce their media exposure. Not everyone is fooled! [...] [...] Nortel released their 2005 financials Friday and completed their latest round of restatements of prior year financial results. The restatements related to revenue recognition and decreased revenues and net income because the revenue should’ve been booked in later periods. Maybe this will mark a turning point for the Canadian communications equipment company and they can regain their position as a technology leader. The fact they released these disappointing results on a Friday afternoon is of course a little trick to reduce their media exposure. Not everyone is fooled! [...]

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