Sentence examples for restate first from inspiring English sources

Ionics Inc., a supplier of water treatment systems, said yesterday that it would restate first- and second-quarter results to accurately reflect transactions with its French unit.

A review of Nicor Energy, the energy-marketing joint venture, led the company on Aug. 14 to restate first-half net income.

Westar Energy, the owner of Kansas' biggest utility, will restate first-half results, widening its net loss for the period by $98.4 million, or $1.37 a share, after discovering accounting errors.

CA also expects to restate third-quarter earnings to include about $26 million of additional commission expense, reducing previously reported results by 3 cents a share.

The U.S.' fifth-largest brewer also said it would restate first-quarter results to correct accounting for a tax asset.

That represented a 15percentt increase over the restated second-quarter 2002 revenue of $327 million.

Reliant restated first-quarter 2001 financial results last week, eliminating revenue from $1.2 billion in round-trip trades.

Covad eliminated 400 jobs in November; the chief executive resigned at that time, and the company restated third-quarter earnings to show a wider loss.

Northrop Grumman restated third-quarter profit yesterday after stopping work on two ships for a cruise company, American Classic Voyages, which filed for bankruptcy protection last week.

The Hewlett-Packard Company said in a filing that it had restated first-quarter cash flow from operations, reducing it 18percentt because of an accounting error.

The woes of the Covad Communications Group appeared to worsen yesterday after Covad, a provider of high-speed Internet service, restated third-quarter results.