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): February 27, 2008
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
(Registrant’s 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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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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 February 27, 2008, MasTec, Inc. (the “Company”) announced its financial results for the
three months and year ended December 31, 2007. A copy of the Company’s 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 excluding charges for legacy litigation, claims and other disputes and
diluted earnings per share excluding charges for legacy litigation, claims and other disputes, not
derived in accordance with GAAP. The Company believes that this information is useful to investors
as it indicates more clearly the Company’s 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.
The non-GAAP financial measures described above are intended to enhance an investor’s overall
understanding of the Company’s past financial performance and prospects for the future and should
be considered in addition to, not as a substitute for measures of the Company’s 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 February 27, 2008, the Company announced its financial results for the three months and
year ended December 31, 2007. In addition, the Company issued 2008 annual and first quarter
guidance as set forth in the earnings release. A copy of the Company’s 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
99.1 — Press Release dated February 27, 2008.
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