Silicon Storage ends options review, restates

Wed Jan 16, 2008 12:58am EST
 
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NEW YORK, Jan 16 (Reuters) - Silicon Storage Technology Inc (SSTI.O) said on Wednesday that it completed its independent review of stock option practices, and restated past financial results.

The company, which makes data storage chips, said restated results showed a net loss in 2006 totalling $20.8 million, or 20 cents per share.

(Reporting by Ritsuko Ando)

 

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