Avid Delays Filing of Q2 2013 Financial Results
August 13, 2013, 02:25 PM
http://blog.devoncroft.com/2013/08/13/avid-delays-...
Avid said that due to an ongoing internal audit of past treatment of software upgrades, it “is not able to complete and cannot file its quarterly report on Form 10-Q for the quarter ended June 30, 2013 by the prescribed due date or by August 14, 2013.” The disclosure was made in a regulatory filing with the SEC. The company has also delayed the filing of its Q2 2013 earnings.
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