Checkpoint Systems Finds Errors In Two Quarters Of Results

By MarketWatch Pulse

Checkpoint Systems Inc. shares fell in the extended session Tuesday after the maker of theft-prevention devices for retailers said it discovered errors in its financial statements for the first two quarters of the year. Checkpoint Systems shares dropped 4.9% to $7.32. In a Securities and Exchange Commission filing, the company said it expects a decrease of 4 cents a share in reported earnings for the quarter ended March 29, and 10 cents a share for the quarter ended June 28.

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