Summary of QUIXOTE CORP - Yahoo! Finance

Results of Operations and Financial Condition, Financial Statements and Exhibits

Item 2.02. Results of Operations and Financial Condition.

On January 29, 2009, we issued a press release announcing our financial results for our second quarter ended December 31, 2008. The full text of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.

In a conference call discussing the press release, management disclosed certain information which may be considered important to certain shareholders.

Backlog for continuing operations as of December 31, 2008 increased 18% to $17.0 million from $14.4 million as of December 31, 2007. For the Inform segment, backlog increased 33% to $11.3 million from $8.4 million last year. The backlog for the Protect and Direct segment decreased 4% to $5.7 million from $6.0 million last year.

We are cautiously optimistic that international sales in fiscal 2009 will outpace last year's international sales of $24.6 million. However the growth rate of international sales is currently expected to be lower than the 21% growth rate we've seen over the past 2 years.

A conference call discussing the press release was recorded and is available for replay through Thursday, February 5, 2009. To access the replay, please call (888) 286-8010 and enter passcode 59668334. The recorded web cast will also be available at "www.quixotecorp.com".

This Current Report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include statements regarding our expectations, beliefs, intentions, plans, projections, objectives, goals, strategies, future events or performance and underlying assumptions and other statements which are not historical facts. Actual results may differ materially from those expressed or implied by the forward-looking statements contained in this report. Forward-looking statements are subject to numerous risks, uncertainties and assumptions about us and our business. These risks and uncertainties are discussed in our annual report on Form 10-K for the year ended June 30, 2008. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We do not undertake to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For those statements, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.