The earnings release came after the close of the market.
Corporate earnings releases have become such a good source of misinformation that his researchers use them to identify companies that may be playing accounting games.
Amazon's earnings release came two days after quarterly results from the online search engine Google disappointed investors.
In her experience, she said, they preferred to rely on earnings releases and personal discussions with Enron management.
Its earnings release alluded to 31.6 million subscribers, but it actually had about 29 million and many of them were not paying full price.
"The earnings release says it is nice to have expense management opportunities and a diversified revenue stream."
Beginning in 2000, A.I.G.'s earnings releases and annual reports have given the impression of greater growth and consistency than that which actually occurred.
Finally, we are adopting amendments that require registrants to furnish to the Commission, on Form 8-K, earnings releases or similar announcements.
New Item 12 does not require that companies issue earnings releases or similar announcements.
First, a company's earnings releases would no longer be subject to Item 10 prohibitions.