Diebold Inc., which has not filed earnings since the first quarter of last year, has been granted an extension that will keep its stock listed on the New York Stock Exchange through Oct. 31.
Diebold spokesman Michael Jacobsen said the initial six-month extension the exchange gave the North Canton, Ohio, automated teller machine maker to become current with its Securities and Exchange Commission filings was to end Wednesday.
The SEC has been investigating Diebold's discontinued practice of recording some revenue on a "bill and hold" basis, in which sales are recorded before delivery.
Diebold needs to file several earnings reports, including last year's full-year report and reports for the first two quarters of this year.
Because it missed the initial deadline, the exchange had the option of granting another extension or delisting the stock.
Diebold reported last month preliminary results for the second quarter. It said net income dropped 4.8% from a year earlier, to $25.6 million, and sales increased 11%, to $771 million.