I am not concerned about the delay in re-filing. I am very concerned that they made errors in their quarterly report. That is pretty intolerable. It should never happen. I would like a clear explanation of what caused the mistake ... not that we are likely to get anything other than "Oops, stuff happens".
As a matter of trust, I guess I think that since they are improving the results with the revision, that it is pretty clear they would not make the mistake of under-reporting ... the cause will not be one of intentional misleading. It still is a serious mistake. And it looks like they actually made 2 mistakes ... one concerning an inventory level and another concerning compensation.
I can come up with guesses as to how they could have innocently and harmlessly made the mistakes, but I don't really care to guess. I reiterate that companies don't make deliberate mistakes that hurt their results (Enron always lied to present a rosy report, not to under-report by 6-cents). But until explained it has to be viewed as serious incompetence.