Saba Delays 10-Q Filing; Q3 EPS $(0.04) vs $(0.04) Est; Revenue $32M vs $33.27M Est

Saba SABA today announced that on April 5, 2012, the Audit Committee of its Board of Directors engaged counsel to assist the Committee in an independent accounting review. For that reason, the Company will not be in a position to release earnings or timely file its Form 10-Q for the fiscal quarter ended February 29, 2012, due April 9, 2012.