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ARRY > SEC Filings for ARRY > Form 8-K on 7-Aug-2013All Recent SEC Filings

Show all filings for ARRAY BIOPHARMA INC

Form 8-K for ARRAY BIOPHARMA INC


7-Aug-2013

Results of Operations and Financial Condition, Financial Statements and Exhib


Item 2.02 Results of Operations and Financial Condition

On August 7, 2013, Array issued a press release reporting results for the fourth quarter and year ended June 30, 2013, the full text of which is attached hereto as Exhibit 99.1. Array reported the net loss and net loss per share for the fourth quarter of fiscal 2013 and for the entire year of fiscal 2013 exclusive of a non-cash charge of $11.2 million resulting from the early payoff of debt during the fourth quarter, which is a non-GAAP financial measure. Array presented net loss and net loss per share in this manner because inclusion of the non-cash charge may not be indicative of ongoing operating results and therefore affects the comparability of results between periods. Array therefore believes the non-GAAP measure provides additional and meaningful information to investors regarding Array's ongoing operating performance. Any non-GAAP financial measure is intended to supplement the applicable GAAP disclosure and should not be considered in isolation from, or as a replacement for, financial information prepared in accordance with GAAP.

The information in this Item 2.02 and the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.   Description
   99.1       Press Release Reporting Results for the Fourth Quarter and Full
              Fiscal Year of 2013


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