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| Topic: |
Technology
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| Number of pages / Number of words: |
3 / 816 |
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As a result, CA filed a Form 8-K with federal regulators Monday for "prematurely recognized" revenues of $1.782 billion in 2000 and $445 million in 2001. Because of the restatement, revenues for 2000 dropped $2 million to $6.1 billion for the year and 2001 revenues climbed $558 million to $4.75 billion...
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Because of the restatement, revenues for 2000 dropped $2 million to $6.1 billion for the year and 2001 revenues climbed $558 million to $4.75 billion.
Clarke said the restatement, as well as forcing managers to leave the company if they don't cooperate with auditors, will bring the company back on course...
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