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Southwall Technologies to delay from 10-Q filing for 2nd quarter

Southwall Technologies Inc. said it will delay its 10-Q filing for the second quarter.
In a recent press release, Southwall said it is reviewing prior reporting periods with auditors Pricewaterhouse …

Southwall Technologies Inc. said it will delay its 10-Q filing for the second quarter. In a recent press release, Southwall said it is reviewing prior reporting periods with auditors Pricewaterhouse Coopers LLP to determine what revisions are needed. The company said it will file its 10-Q for the second quarter, ended July 2, as promptly as possible. As reported, the company expects to restate its first quarter, ended April 2, primarily to reflect revisions in the value of certain inventory and the application of cost standards to work in process. Southwall Technologies makes advanced thin film coatings for the architectural, automotive and electronics industries.

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