Saba Software (SABA -6.9%) dives after disclosing it will delay filing its FY12 10-K, and...

|About: Saba Software, Inc. (SABA)|By:, SA News Editor

Saba Software (SABA -6.9%) dives after disclosing it will delay filing its FY12 10-K, and expects to delay filings its FQ1 (August quarter) 10-Q. Saba, which had already announced a revenue restatement following an accounting review, also says it has expanded the scope of its restatement to cover the impact of the under-recording of billable consulting hours. (previous)