UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): November 6, 2007
MASTEC, INC.
(Exact Name of Registrant as Specified in Its Charter)
Florida
(State or Other Jurisdiction of Incorporation)
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Florida
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0-08106
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65-0829355 |
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(State or other jurisdiction
of incorporation)
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(Commission File
Number)
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(IRS Employer
Identification No.) |
800 S. Douglas Road, 12th Floor, Coral Gables, Florida 33134
(Address of Principal Executive Offices) (Zip Code)
(305) 599-1800
(Registrants Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 2.02 Results of Operations and Financial Condition
On November 6, 2007, MasTec, Inc. (the Company) announced its financial results for the
three and nine months ended September 30, 2007. A copy of the Companys earnings press release is
furnished as Exhibit 99.1 to this report on Form 8-K and is hereby incorporated by reference.
The earnings press release includes certain financial information, including income from
continuing operations before legacy legal issues and other charges
and diluted earnings
per share before legacy legal issues and other charges, not derived in accordance with GAAP. The
Company believes that this information is useful to investors as it indicates more clearly the
Companys comparative year-to-year operating results. In addition, this non-GAAP financial
information is among the primary indicators the Company uses as a basis for evaluating Company
performance, allocating resources, setting certain incentive compensation targets, and forecasting
of future periods. In addition, the earnings press release includes the non-GAAP financial measure,
liquidity. The Company defines liquidity as availability under its credit facility plus
unrestricted bank cash. The Company believes that this information is useful to investors as it
indicates more clearly the Companys capital resources.
The non-GAAP financial measures described above are intended to enhance an investors overall
understanding of the Companys past financial performance and prospects for the future and should
be considered in addition to, not as a substitute for measures of the Companys financial
performance prepared in accordance with GAAP. A reconciliation of these non-GAAP financial
measures to GAAP is provided in the table entitled Reconciliation of Non-GAAP Disclosures in the
earnings press release.
The information contained in this report on Form 8-K, including Exhibit 99.1, shall not be
deemed filed with the Securities and Exchange Commission nor incorporated by reference in any
registration statement filed by the Company under the Securities Act of 1933, as amended.
ITEM 7.01 Regulation FD Disclosure
On November 6, 2007, the Company announced its financial results for the three and nine months
ended September 30, 2007. In addition, the Company updated its 2007 guidance as set forth in the
earnings release. A copy of the Companys earnings press release is furnished as Exhibit 99.1 to
this report on Form 8-K. The information contained in this report on Form 8-K, including Exhibit
99.1, shall not be deemed filed with the Securities and Exchange Commission nor incorporated by
reference in any registration statement filed by the Company under the Securities Act of 1933, as
amended.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release dated November 6, 2007.
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