Fiscal Quarter

(redirected from Fiscal Quarters)

Fiscal Quarter

One fourth of the calendar that businesses use to calculate revenue and expenses. This may or may not correspond to a calendar quarter. For example, the first calendar quarter includes January, February and March because they are the first three months of the calendar year. However, if a business' fiscal year runs from October to September, the first fiscal quarter includes October, November and December.
References in periodicals archive ?
As previously disclosed in the Form 8-K filed on December 14, the company will restate its financial statements for the fiscal quarters ended April 30, 2006 and July 31, 2006.
If NHHC's earnings before interest, taxes, depreciation and amortization (EBITDA), as calculated under the terms of the Merger Agreement, for the four fiscal quarters ending prior to the closing is at least $7.
Also as a reminder, Landec Ag recognizes nearly all of its revenues and profits during the third and fourth fiscal quarters while realizing essentially no revenues during the first and second fiscal quarters.
The filing of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2004 ("2004 Form 10-K), its Quarterly Report on Form 10-Q for the fiscal quarters ended March 31, June 30, and September 30, 2005 (the "2005 Quarterly Reports"), its Annual Report on Form 10-K for the fiscal year ended December 31, 2005 ("2005 Form 10-K) and its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2006 ("2006 Q1 Form 10-Q") with the SEC, along with the Company's completion of its work effort for compliance with Section 404, "Management Assessment of Internal Controls" of the Sarbanes-Oxley Act of 2002 with respect to the filing of its 2005 Form 10-K, are a prerequisite for the filing of the 2006 Q2 Form 10-Q.
The filing of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2004 ("2004 Form 10-K), its Quarterly Report on Form 10-Q for the fiscal quarters ended March 31, June 30, and September 30, 2005 (the "2005 Quarterly Reports") and its Annual Report on Form 10-K for the fiscal year ended December 31, 2005 ("2005 Form 10-K) with the SEC, along with the Company's completion of its work effort for compliance with Section 404, "Management Assessment of Internal Controls" of the Sarbanes-Oxley Act of 2002 for corporate headquarters with respect to the filing of its 2005 Form 10-K, are a prerequisite for the filing of the 2006 Q1 Form 10-Q.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in the Company's filings with the Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2005 and the Company's Quarterly Reports on Form 10-Q for the fiscal quarters ended June 30, 2005 and September 30, 2005.
For additional information, see Pacific Biometrics' annual report filed with the SEC on Form 10-KSB for the fiscal year ended June 30, 2005 and the quarterly reports filed with the SEC on Form 10-QSB for the fiscal quarters ended September 30, 2005 and December 31, 2005.
The delay in the filing is necessitated because the company has determined to restate its interim financial statements for the fiscal quarters ended March 27, 2005 and June 26, 2005.
3 million in each of its third and fourth fiscal quarters of Fiscal 2005 and $0.
However, for the past two fiscal quarters our comparable period revenues have increased by more than 80 percent.
Based on its preliminary analysis, the Company believes that the aggregate impact on revenue is a reduction of revenue between $0 and $150,000 for fiscal year 2002, $0 and $200,000 for fiscal year 2003, and $0 and $200,000 for the first and second fiscal quarters of 2004, and a commensurate increase in net loss or reduction in net income for such periods.
MPA is restating its financial statements for the year ended March 31, 2004 and preparing its quarterly reports for the first three fiscal quarters of fiscal 2005 to give effect to these changes.