Saba Announces Delay In Third Quarter Fiscal Year 2012 Earnings

REDWOOD SHORES, Calif. – March 28, 2012 – Saba (NASDAQ:SABA), the premier provider of people-centric enterprise solutions today announced 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.

About Saba

Saba(NASDAQ: SABA) enables organizations to build a transformative workplace that leverages the advent of social networking in business and the ubiquity of mobile to empower an organization's most mission-critical assets — its people. The company provides a set of people-centric enterprise solutions to various businesses and industries worldwide. Saba delivers cloud-basedlearning management,talent management, andsocial enterprise solutions to transform the way people work.

 

Saba's premier customer base includes major global organizations and industry leaders in financial services, life sciences and healthcare, high tech, automotive and manufacturing, retail, energy and utilities, packaged goods, and public sector organizations. Headquartered inRedwood Shores, California, Saba has offices on five continents. For more information, please visitwww.saba.comor call +1-877-SABA-101 or +1-650-779-2791. SABA, the Saba logo, and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks ofSaba Software, Inc.or its affiliates. All other trademarks are the property of their respective owners.

 

Contact

Roy Lobo
Saba
VP Investor Relations
(650) 696-1610
rlobo@saba.com

 

Source: Saba