Sentence examples for restate profits from inspiring English sources

*A decision by its auditors to require it to restate profits over the last three years, forcing it to report lower earnings.

But if its sales fell short of what it promised suppliers, they might be demanding refunds or rebates, which could force Kmart to restate profits.

Then America's securities watchdog began investigating Dell for accounting problems, probably relating to revenue recognition, and Dell may yet have to restate profits for the past few years.Mr Rollins clearly bears most of the blame.

But it conceded on Aug. 5 that its earnings had not met expectations, sending the stock price down sharply, and that it would have to restate profits for 2001 and 2002.

The recent recession and the fallout from Enron's collapse have forced many to restate profits or to make more conservative forecasts, but the reckoning has often occurred after company officials walked away with millions of dollars.

The SEC eventually forced Western to restate profits.

Carreker has had to restate profit and sales results since fiscal 1998 because some revenue was recorded too early.

Rotech said in September it would restate profit back to 1999 after discovering fake documents for medical-equipment sales by a contractor to the Department of Veterans Affairs.

Then, on 12 May 2006, the WSJ headlined "United Health Could Be Forced To Restate Profit: As SEC Steps Up Probes, Firm Says Options Problems May Mean $286 Million Hit".

The company restated profits and later filed for bankruptcy.

The company eventually restated profits by the then record sum of $1.6 billion.Adelphia Communications, a troubled cable-TV group, filed for Chapter 11 bankruptcy.