Telecom gear manufacturer Tekelec (Nasdaq: TKLC) said Wednesday that it would delay its quarterly and annual earnings report that was due to be released on Thursday.
The company made the decision in order to provide “its auditors additional time to complete the audit of the Company’s financial statements” for 2005. No date was set for release of the results.
Tekelec shares closed at $15.46 on Wednesday, down 63 cents or nearly 4 percent.
Tekelec: www.tekelec.com
