GTSI meets Nasdaq filing deadline
- By David Hubler
- Jan 04, 2007
GTSI is in the clear with Nasdaq.
During the past several months, the reseller, based in Chantilly, Va., had faced losing its place on the Nasdaq stock listing because it was late filing forms needed to restate its earning for numerous recent quarters. But GTSI put the issue to rest after requesting several deadline extensions, including a final extra month in December.
“Despite being incredibly close to completing this process, the company and its independent auditors need additional time to complete the necessary work,” Jim Leto, GTSI’s president and chief executive officer, said at the time.
“We are eager to have this matter completed and thankful to our investors, customers and employees for their loyalty and support during this period," he added.
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.