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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.

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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.

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