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Dell receives non-compliance letter from Nasdaq

By - Source: Tom's Hardware | B 0 comment

Dell said on Friday that the company has has received a letter from Nasdaq stating that it was not in compliance with listing requirements because it failed to files its its fiscal Q3 report in time.

The computer maker previously said that it would not be able to to file its Q3 report until the November 3 deadline as a result of the "questions raised" in ongoing accounting investigations. The company also has not yet filed the report for fiscal Q2, ended on August 4.

Dell remains secretive about details of its own investigations as well as the matters the SEC is looking into. Company officials said that the "second and third quarters could be affected by any restatements of prior period financial statements that are required as a result of any conclusions reached by the investigations."

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