Saba Announces Delay in Third Quarter Fiscal Year 2012 Earnings

Saba SABA announced Wednesday that it is delaying its third quarter fiscal year 2012 earnings release and investor conference call to allow the Company additional time to complete an internal review of the accounting treatment of certain international transactions. Upon completion of the internal review, the Company plans to release earnings concurrently with the filing of its Form 10-Q. Once that date is finalized, Saba will schedule an investor conference call to discuss the financial results for the period. The Company previously announced it would issue an earnings release after market close on March 29, 2012.