Another non-event?
FiberCore Reports Revised Second Quarter Earnings
"CHARLTON, Mass., Aug 14, 2000 (BUSINESS WIRE) -- FiberCore, Inc. (OTC BB: FBCE chart, msgs) FiberCore, a leading manufacturer of optical fiber and preform for the elecommunication and data communications markets, with production facilities in Jena, Germany and Campinas, Brazil today announced a revision of its previously reported second quarter net loss. The change, which has no effect on the net equity of the company, is attributable to a $5.3 million, non-cash adjustment to account for convertible securities with deemed beneficial conversion features. There is no change to the previously reported income from operations."
Etc. etc. See SI news. |
