CIMdata PLM Industry Summary Online Archive

12 May 2005

Financial News

MatrixOne Delays Filing of 10-Q for the Third Quarter of Fiscal 2005

MatrixOne, Inc. announced that the filing of its Quarterly Report on Form 10-Q for the third quarter ended April 2, 2005 will be delayed beyond the Securities and Exchange Commission's filing deadline of May 12, 2005 to provide additional time to complete the review of the Company's revenue recognition practices as previously announced on April 26, 2005. The review, which will address fiscal year 2005 and earlier periods, is not complete and may uncover other findings as previously announced. The Company currently cannot estimate when this review will be completed. As soon as practicable following the completion of this review, the Company will file its Quarterly Report on Form 10-Q for the quarter ended April 2, 2005.

To view this filing, please click here

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