Monday, August 18, 2014

Iteris Staves Off Delisting

Santa Ana-based traffic management technology developer Iteris has staved off delistings efforts by the NYSE, saying last week that the NYSE has accepted the company's plans to regain compliance with listing standards on the exchange. The company said on July 17th that it had received a noncompliance letter from the exchange, due to its inability to file a 10-K for the year ended March 31, 2014. The company apparently has been having issues completing its fiscal 2014 audit. Iteris trades on the NYSE as ITI.

---