Baan delays earnings report

Baan, the Dutch maker of business software, will delay its third-quarter earnings release until tomorrow. The firm had previously announced it would post a loss for the quarter of around 13- to 16-cents--far below Wall Street's expectations of a 15-cent profit--on revenue of $190 to $195 million.

Jan. 2, 2002 4:43 p.m. PT

, the Dutch maker of business software, will delay its third-quarter earnings release until tomorrow. The firm had previously announced it would post a loss for the quarter of around 13- to 16-cents--far below Wall Street's expectations of a 15-cent profit--on revenue of $190 to $195 million.