Aliso Viejo-based Quest Software Inc., a laggard in resolving backdated stock options, has been given more time by Nasdaq officials to get up to date with its financial reporting.
Quest now has until Sept. 17 to file quarterly reports for the past few quarters. The reprieve is the latest in a series for the business software maker.
Earlier, the company had until July 9 to file financial reports.
Quest hasn’t reported full financial results for a year now. It hasn’t offered even partial quarterly numbers since August.
The company has been unusually quiet during the past 10 months of a yearlong probe into stock option grants by a board committee and the Securities and Exchange Commission.
In January, Quest did say it expects to take a $150 million charge to past earnings to fix backdated stock options from 1998 to 2002.
Locally, Quest’s options case stands to be second, albeit a distant one, to that of Irvine-based Broadcom Corp.
Earlier this year, Broadcom restated earnings from 1998 to 2005 with $2.2 billion in charges, the most of any company so far.
