form8k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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) August 13,
2007
ADDVANTAGE
TECHNOLOGIES GROUP, INC.
(Exact
Name of Registrant as Specified in Its Charter)
Oklahoma
(State
or
Other Jurisdiction of Incorporation)
1-10799
|
73-1351610
|
(Commission
file Number)
|
(IRS
Employer Identification No.)
|
|
|
1221
E. Houston, Broken Arrow Oklahoma
|
74012
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
(918)
251-9121
(Registrant’s
Telephone Number, Including Area Code)
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 (see General Instruction A.2. below):
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
Conditions.
August
13, 2007 – ADDvantage Technologies Group, Inc. (AMEX: AEY), today announced its
results for fiscal third quarter 2007.
For
the
three month period ended June 30, 2007, revenue increased 33% to $17.6
million,
compared to $13.2 million in the third quarter of fiscal 2006, the highest
level
of quarterly revenue achieved in the Company’s history.
Net
income attributable to common stockholders in the third quarter of 2007
was $2.0
million, or $0.19 per diluted share, compared to $1.1 million, or $0.11
per
diluted share for the same period last year, an increase of 82%.
For
the
nine months ended June 30, 2007, revenue totaled $48.4 million, compared
to
$40.4 million for the first nine months of 2006, representing an increase
of
20%. Net income attributable to common stockholders for the nine months
was $5.0
million, or $0.49 per diluted share, a 43% increase from net income of
$3.5
million, or $0.35 per diluted share, for the first nine months of fiscal
2006. A
copy of this press release is furnished as exhibit 99.1 to this Current
Report
and is incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
(c) Exhibits.
The
following Exhibits are furnished herewith:
99.1 |
Press
Release dated August 13, 2007, issued by the
Company |
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
ADDVANTAGE
TECHNOLOGIES GROUP, INC.
Date:
August 13,
2007
By: /s/ Kenneth A. Chymiak
Kenneth A. Chymiak
President and Chief Executive Officer
Exhibit
Index
Exhibit
Number Description
99.1 |
Press
Release dated August 13, 2007, issued by the
Company |