Business

mass. movers

Sapient delays release of financial results; stock falls

Alan J. Herrick is president and chief executive of Boston-based Sapient Corp., a global technology consulting company.

Essdras M Suarez/ Globe staff/File 2009

Alan J. Herrick is president and chief executive of Boston-based Sapient Corp., a global technology consulting company.

Advertisement

Sapient’s quarterly financial results, which had been expected on Thursday, will be delayed until after Wednesday’s market close. Sapient needs time for “a self-initiated review and analysis of tax liabilities resulting from cross-border mobility of employees . . . extending back to 2006.” It estimates the total of such liabilities at $12 million to $18 million.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com