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Michael Specht Taleo announces restatement & stock down 21%
7:47am Wednesday 19 November 2008 - Michael Specht

At the begining of last week Taleo announced a restatement of their 3Q results due to revenue recognition issues. At which point the stock dropped from US$12.01 on Friday November 7 to US$7.83 by close on Tuesday November 11. “Our auditors have asked us to re-evaluate the timing of certain elements of our revenue recognition,” said [...]SHARETHIS.addEntry({ title: "Taleo announces restatement & stock down 21%", url: "http://specht.com.au/michael/2008/11/19/taleo-announces-restatement-stock-down-21/" });



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