ADG » Topics » Item 2.02 Results of Operations and Financial Condition.

This excerpt taken from the ADG 8-K filed Nov 25, 2009.

Item 2.02 Results of Operations and Financial Condition.

On November 16, 2009, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2009. A copy of the press release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Exchange Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.





This excerpt taken from the ADG 8-K filed Aug 14, 2009.

Item 2.02 Results of Operations and Financial Condition.

On August 13, 2009, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2009. A copy of the press release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Exchange Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.





This excerpt taken from the ADG 8-K filed May 15, 2009.

Item 2.02 Results of Operations and Financial Condition.

On May 14, 2009, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2009. A copy of the press release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Exchange Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.





This excerpt taken from the ADG 8-K filed Apr 1, 2009.

Item 2.02 Results of Operations and Financial Condition.

On March 31, 2009, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2008. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Mar 11, 2009.

Item 2.02 Results of Operations and Financial Condition.

On March 11, 2009, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing that its financial results for the quarter ended December 31, 2008 will be negatively impacted due to technical delays at its Belgian subsidiary. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.







This excerpt taken from the ADG 8-K filed Nov 12, 2008.

Item 2.02 Results of Operations and Financial Condition.

On November 10, 2008, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2008. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Aug 15, 2008.

Item 2.02 Results of Operations and Financial Condition.

On August 14, 2008, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2008. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed May 14, 2008.

Item 2.02 Results of Operations and Financial Condition.

On May 13, 2008, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2008. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Mar 20, 2008.

Item 2.02 Results of Operations and Financial Condition.

On March 20, 2008, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the fourth quarter and full-year ended December 31, 2007. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Nov 13, 2007.

Item 2.02 Results of Operations and Financial Condition.

On November 9, 2007, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended September 30, 2007. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Aug 16, 2007.

Item 2.02 Results of Operations and Financial Condition.

On August 14, 2007, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2007. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed May 11, 2007.

Item 2.02 Results of Operations and Financial Condition.

On May 10, 2007, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2007. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Mar 20, 2007.

Item 2.02 Results of Operations and Financial Condition.

On March 20, 2007, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the fourth quarter and full-year ended December 31, 2006. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Feb 16, 2007.

Item 2.02 Results of Operations and Financial Condition.

On February 9, 2007, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing a restatement of certain financial information previously reported for the quarter ended September 30, 2006, as discussed in item 4.02 below. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.6 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Feb 9, 2007.

Item 2.02 Results of Operations and Financial Condition.

On February 9, 2007, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing a restatement of certain financial information previously reported for the quarter ended September 30, 2006, as discussed in item 4.02 below. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.6 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Oct 31, 2006.

Item 2.02 Results of Operations and Financial Condition.

On October 30, 2006, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended June 30, 2006. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Oct 23, 2006.

Item 2.02 Results of Operations and Financial Condition.

On October 19, 2006, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing its financial results for the quarter ended March 31, 2006. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Aug 21, 2006.

Item 2.02 Results of Operations and Financial Condition.

On August 21, 2006, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing a restatement of certain financial information previously reported for the years 2003 and 2004, and the quarters of 2005, as discussed in item 4.02 below. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.6 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Aug 7, 2006.

Item 2.02 Results of Operations and Financial Condition.

On August 3, 2006, The Allied Defense Group ("Allied" or "The Company") issued a press release regarding its preliminary financial results for the quarter ended March 31, 2006. A copy of the press release is attached hereto as Exhibit 99.1.

In the press release, the Company also reported that as a result of the delays in filings its Annual Report on Form 10-K for the period ending December 31, 2005, and its Quarterly Report on Form 10-Q for the period ending March 31, 2006, the Company will also delay the filing of its Quarterly Report on Form 10-Q for the period ending June 30, 2006.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. The information provided in the foregoing paragraphs is being provided in accordance with General Instruction B.2 of Form 8-K. The information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed May 12, 2006.

Item 2.02 Results of Operations and Financial Condition.

On May 11, 2006, The Allied Defense Group ("Allied" or "The Company") issued a press release regarding its financial results for the fiscal year ended December 31, 2005. A copy of the press release is attached hereto as Exhibit 99.1.

On May 11, 2006, the Company filed a Form 12b-25 announcing a delay in the filing of its Form 10-Q for the first quarter of 2006. In the filing Allied estimated the financial results for such first quarter.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. The information provided in the foregoing paragraphs is being provided in accordance with General Instruction B.2 of Form 8-K. The information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Mar 31, 2006.

Item 2.02 Results of Operations and Financial Condition.

On March 31, 2006, The Allied Defense Group, Inc.("Allied" or the "Company") issued a press release containing updated guidance for full-year 2005 operating results.

Specifically, the Company said that now expects the net loss to exceed $3.00 because of four items.

First, MECAR S.A. will be making a voluntary change to a preferred method for recognizing revenue under the percentage of completion methodology. Previously, MECAR used total direct costs as the basis for recognizing revenue and will now use direct labor as the basis of recognition. The Company believes this change will foster increased transparency for investors and enable a better understanding of its operating results. The company is still reviewing with its auditors the impact of this change on 2005 results.

Second, through its annual review of goodwill, the Company has preliminarily determined that the carrying amount of one of its operating units exceeds its fair value. As such, the Company believes that an impairment charge to earnings of approximately $3-4 million is required.

Third, the Company’s results will include a write-off of in-process research and development (IPR&D) that is required as part of the allocation of the purchase price associated with the acquisition of Global Microwave Systems (GMS). This is a non cash charge of approximately $900,000.

Fourth, the Company has done a thorough review of the carrying value of inventories at all of its operating units and expects to take an overall charge of approximately $600,000 to reflect lower valuations.

A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Feb 3, 2006.

Item 2.02 Results of Operations and Financial Condition.

On February 1, 2006, The Allied Defense Group, Inc.("Allied" or the "Company") issued a press release containing updated guidance for full-year 2005 operating results.

Specifically, the Company said that its financial results for fiscal year 2005 will be significantly lower than previously estimated. Unforeseen events at its Belgian subsidiary, MECAR S.A., reduced fourth quarter revenues by approximately $26 million and net income by approximately $10 million for the quarter ended December 31, 2005. As such, the Company expects to report an operating loss in the range of approximately $2.75 – 3.00, per fully diluted share, for full-year 2005. This, however, only represents a slippage of revenue into 2006, not a loss of revenue. Several factors have delayed fourth quarter recognition of revenue and income at MECAR, causing the majority of this unanticipated variance. Specifically, the variance is attributed to: quality issues with materials received from external suppliers (49%); delays in the timely receipt of materials from external suppliers (14%); export license delays (19%); and delays in receiving additional small orders anticipated in the fourth quarter (18%). It is very important to note that a portion of the variance has already been recovered in January and the Company expects to recover the remainder of this revenue and profit in the first and second quarters of 2006.

A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Jan 24, 2006.

Item 2.02 Results of Operations and Financial Condition.

On January 24, 2006, The Allied Defense Group, Inc.("Allied" or the "Company") issued a press release containing updated guidance for full-year 2005.

Specifically, the Company said that due to delays in receiving two significant contracts, it expects to achieve operating results toward the low end of the financial target range previously provided on November 11, 2005. The previously issued guidance was earnings per fully diluted share in the range of $(0.60) - $0.80 for full-year 2005.

A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Nov 14, 2005.

Item 2.02 Results of Operations and Financial Condition.

On November 11, 2005, The Allied Defense Group, Inc.("Allied" or the "Company") issued a press release announcing a restatement of the first and second quarters of 2005 as well as estimated financial results for the third quarter of 2005 and for the nine months ended September 30, 2005, as discussed in item 4.02 below. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Aug 16, 2005.

Item 2.02 Results of Operations and Financial Condition.

On August 15, 2005, the Registrant issued a press release regarding its financial results for the second quarter and six months ended June 30, 2005. A copy of the press release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 12 of Form 8-K. In accordance with General Instruction B.6 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Aug 10, 2005.

Item 2.02 Results of Operations and Financial Condition.

On August 8, 2005, The Allied Defense Group, Inc.("Allied" or the "Company") issued a press release announcing a restatement of certain financial information previously reported for the years 2002, 2003, 2004, and the first quarter of 2005, as discussed in item 4.02 below. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.6 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





This excerpt taken from the ADG 8-K filed Aug 8, 2005.

Item 2.02 Results of Operations and Financial Condition.

On August 8, 2005, The Allied Defense Group, Inc. ("Allied" or the "Company") issued a press release announcing a restatement of certain financial information previously reported for the years 2002, 2003, 2004, and the first quarter of 2005, as discussed in item 4.02 below. A copy of the news release is attached hereto as Exhibit 99.1.

The information provided in this Current Report on Form 8-K is being provided pursuant to Item 2.02 of Form 8-K. In accordance with General Instruction B.6 of Form 8-K, the information in this report shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such a filing.





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