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| PGI > SEC Filings for PGI > Form 8-K on 22-Oct-2009 | All Recent SEC Filings |
22-Oct-2009
Results of Operations and Financial Condition, Financial Statement
On October 22, 2009, Premiere Global Services, Inc. issued a press release reporting on its financial results for the quarter ended September 30, 2009. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
We also announced today our intention to divest our email marketing business. While a transaction has not yet been consummated, we have met the criteria to classify this business as discontinued operations, and prior period results have been reclassified to conform to this presentation. In connection with this decision, we recorded a non-cash charge of $7.3 million in discontinued operations to reduce the carrying value of the assets associated with this business to reflect their estimated current value. Adjusted quarterly results reflecting this business as discontinued operations in 2008 and 2009 are presented in Exhibit 99.2 to this Current Report on Form 8-K, which is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information included or incorporated in Item 2.02 of this report, including Exhibit 99.1 and Exhibit 99.2, is being furnished to the Securities and Exchange Commission and shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
(d) Exhibits
99.1 Press Release dated October 22, 2009.
99.2 Condensed Consolidated Statements of Operations and Statements of Cash Flows, as Adjusted.
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