Still recovering from its accounting-fraud investigation and subsequent management purge, Computer Associates International will delay its financial report on its fourth quarter and revise its revenue calculations for its second and third quarters.
CA said it will defer $5m (£2.8m) of previously recognised revenue in the third quarter of its 2004 financial year, which ended 31 December, and $4m of revenue from the preceding quarter. CA previously reported revenue of $844m (£470m) and $833m for the respective quarters.
Less than two weeks after CA announced that a long-running board investigation of past accounting violations had uncovered $2.2bn (£1.2bn) in premature bookings in CA's 2000 and 2001 financial years. CA said at the time that none of its restatements would affect its 2002, 2003 or this year.
Chief operating officer Jeff Clarke, who also serves as CA's chief financial officer, attributed the revision to an adjustment in the way CA calculates its subscription revenue.
CA also said it will postpone its fourth-quarter report for one to two weeks past the originally scheduled 12 May announcement date.
The company's $2.2bn restatement consumed thousands of working hours from CA's staff and its auditors, forcing the delay in reporting on the recent quarter.
CA's preliminary results from the quarter included revenue of about $850m (£473m), below the $866.1m consensus forecasted. For the full year, revenue will be about $3.28bn (£1.8bn), slightly below CA's previous guidance.
Stacey Cowley writes for IDG News Service