« Google News To Newsmakers: Send Us Your Comments | Main | Ask Goes Green With Help From Dell »
Aug. 8, 2007 at 11:24am Eastern by Greg Sterling
FAST Misses Q2 Revenues, Changes Accounting Practices
FAST Search & Transfer said that Q2 earnings were off based largely on a change in accounting practices. The company had formerly booked MOUs (memoranda of understanding) as revenue and that practice has been eliminated. We were informed but have been unable to substantiate that the company's accounting practices are now under investigation. Second quarter revenues and related presentations are available here.
|
Like The Story? Vote For It On Yahoo Buzz!
Send me the monthly search newsletter too! (Learn more about our newsletters and feeds) |
Subscribe To Our Search Feed!         
|
| Share & Bookmark This Story! |
By Greg Sterling
Permalink
Jump To Comments
See Related Stories In: Business Issues: General, Search Engines: Other Search Engines
Is FAST for acquisition ?