CA restates revenue again

Computer Associates International has restated its revenue for three quarters of 2003. This follows a restatement earlier this year of previous financial results. For the nine months that ended Dec. 31, 2003, CA's revenue figure was $2.43 billion, not $2.44 billion as it earlier stated, the company said Monday in a filing with the Securities and Exchange Commission. The restatement was related to the changes the company made to record sales of software over several quarters, rather than as a one-time event.

In April of this year, the software maker adjusted its revenue numbers for 2000 and 2001 downward by $2.2 billion, following an SEC investigation that found that the company had used a "35-day month" to prematurely book revenue.