Dye & Durham Ltd. DND-T stock sold off sharply for the third time in a month Thursday after the legal software vendor said it is seeking a second extension from the Ontario Securities Commission and its lenders to file much-delayed audited annual financial statements. It also announced preliminary results that were below analysts’ expectations.

D&D stock was down by more than 11 per cent on the news at the noon hour after hitting an all-time low of $4.05 a share.

The company said in a release that its preliminary results for its fiscal year ended June 30 indicated revenue was approximately $440.6-million, down 3.8 per cent from the prior year, while adjusted operating earnings were $231.3-million, down 10 per cent. Its annual net loss is expected to come in at about $82.7-million, an i

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