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| ENG > SEC Filings for ENG > Form 8-K on 6-Nov-2008 | All Recent SEC Filings |
6-Nov-2008
Results of Operations and Financial Condition, Financial Statements and Exhibits
On November 6, 2008, the Company issued a press release with respect to the Company's performance during the quarter ended September 30, 2008. The original press release contained typographical errors in the selling, general and administrative paragraph and the "Stockholder's Equity" line item of the balance sheet data in the section labeled "Financial Highlights" should have stated "55,797."
The amounts have been corrected in Exhibit 99.1 below. The errors were a clerical oversight by the Company and does not materially affect its results of operations and financial condition for the quarter ended September 30, 2008, as reported in the Company's press release issued on November 6, 2008 and included in this current report on Form 8-K.
In addition, the Company restated percentages in first table, in the sections labeled "Three Months Ended September 30, 2008" and "Three Months Ended September 30, 2007." The following numbers were changed in the "Gross Profit Margin" and "Operating Profit Margin" columns:
Quarter Ended Quarter Ended
September 30, 2008 September 30, 2007
------------------------------------------------ ----------------------------------------------
(Dollars in millions)
Gross Operating Gross Operating
Total % of Total Profit Profit Total % of Total Profit Profit
Segment Revenue Revenue Margin Margin(1) Revenue Revenue Margin Margin(1)
---------- ----------- --------- --------- ---------- ---------- -------- ---------
Engineering $ 63.1 51% 14.0% 11.7 % 61.7 64% 17.5% 13.1%
Construction 40.9 33% 6.7% 4.8 % 19.0 19% 19.4% 15.2%
Automation 7.9 7% 1.9% (7.2)% 8.5 9% 9.1% 1.0%
Land 11.3 9% 16.5% 10.6 % 7.6 8% 14.3% 6.9%
--------- ----------- ---------- ----------
$ 123.2 100% $ 96.8 100%
========= =========== ========== ==========
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The amounts have been corrected in Exhibit 99.1 below. The error was a clerical oversight by the Company and does not materially affect its results of operations and financial condition for the quarter ended September 30, 2008, as reported in the Company's press release issued on November 6, 2008 and included in this current report on Form 8-K.
A copy of the corrected press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.
(c) Exhibits.
Number Exhibit ------ ------- 99.1 Press Release, dated November 6, 2008, of ENGlobal Corporation |
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