Tangoe Announces That It Will Restate Financial Statements

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Tangoe (TNGO) Multiple 'Permanently Impaired' after Restating 3 Years of Financials - Stifel

March 8, 2016 9:29 AM EST

Stifel Hold Tangoe (NASDAQ: TNGO)

On Monday, March 7, after the market close, Tangoe (NASDAQ: TNGO) announced that it will not be able to file its 2015 10-K before the March 15 deadline and will need to restate its financials from 2013, 2014, and 2015 YTD. The company is currently reviewing approximately $70mn of revenue and expects to restate results lower by approximately... More