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Dell Silent Again After Earnings

Aug 31, 2007, 19:30 (0 Talkback[s])
(Other stories by Erica Ogg)

"Dell actually beat analysts' expectations Thursday when it released the preliminary results of its earnings for the second quarter of fiscal year 2008, but again opted against the traditional follow-up conference call with company executives, investors and the media.

"Dell has failed to file its last six quarterly earnings reports and its last annual report with the SEC due to the company's internal investigation into its accounting practices. The probe, which was wrapped up earlier this month, found that Dell accountants were regularly fudging quarterly earnings numbers as far back as 2003 to meet or surpass Wall Street expectations. Meanwhile, the SEC's own investigation continues..."

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