CIRCOR International, Inc.
Company Name | CIRCOR International, Inc. |
Stock Symbol | CIR |
Status | 1 |
On March 14, 2022, CIRCOR disclosed that it may restate financial results dating to 2018 due to accounting irregularities related to its pipeline engineering unit. The Company stated that the irregularities appear to be “in the range of $35 to $45 million of pre-tax income on a cumulative basis over a period of at least five years.”
On this news, the Company’s stock fell as much as 2.4% during after hours trading on March 14, 2022.
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