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Information about BusinessWeek brand name. This is a page presenting information about BusinessWeek brand name on Visiobrand - the biggest brand directory in the Internet. Visiobrand has selected BusinessWeek brand name and registered BusinessWeek links manually in its directory. All the information about BusinessWeek presented on the Visiobrand site is only verified information from the official BusinessWeek source.

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The Associated Press March 1, 2007, 5:55PM EST

Sharper Image restates 2006 results

SAN FRANCISCO

Sharper Image Corp. said late Thursday it restated financial results for its fiscal year 2006, ended Jan. 31.

The restated results include a $17.7 million non-cash stock compensation expense for the years 1995 through 2005. The company had been conducting a voluntary internal review of its past stock compensation expensing practices.

Sharper Image is working to complete quarterly reports for the first, second and third quarters of fiscal 2006. It has asked the Nasdaq Stock Market's listing qualifications panel to grant an extension until March 16 so it can comply with Nasdaq listing standards.

Shares of Sharper Image fell 14 cents to close at $10.24 on the Nasdaq.


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