Meanings of restate earnings in English

Huron also had to restate earnings of past years because of misreported costs related to acquisitions.

At the same time, it warned that it needed to restate earnings back to 2002 to fix accounting errors.

Last Wednesday, ARCP fired two senior executives, citing accounting irregularities, and said it will restate earnings for the first half of the year.

Olympus' restated earnings statements showed net assets dwindled to 46 billion yen as of end-September.

TOKYO (Reuters) - Japan's Olympus Corp shareholders approved all director nominees and restated earnings at an extraordinary meeting in Tokyo on Friday.

Sunrise has restated earnings from 2003 to 2005 and is the subject of a regulatory probe into insider stock sales and accounting practices.

Navistar later restated earnings for 2002 through 2005, due mostly to the underpayment of income taxes and accounting for increased pension and warranty reserves.