-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FmERc0OSxD96wGY1hE77UQimsxlPAtF9BNn9LqTOWBM08EdMr4nQRk/pl8jAD77m BwIkJpr0Zy/cmEUKeJ2dhQ== 0000950123-09-040105.txt : 20090901 0000950123-09-040105.hdr.sgml : 20090901 20090901145028 ACCESSION NUMBER: 0000950123-09-040105 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090901 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090901 DATE AS OF CHANGE: 20090901 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VIDEO DISPLAY CORP CENTRAL INDEX KEY: 0000758743 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 581217564 STATE OF INCORPORATION: GA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13394 FILM NUMBER: 091048357 BUSINESS ADDRESS: STREET 1: 1868 TUCKER INDUSTRIAL DR CITY: TUCKER STATE: GA ZIP: 30084 BUSINESS PHONE: 7709382080 MAIL ADDRESS: STREET 1: 1868 TUCKER INDUSTRIAL DR CITY: TUCKER STATE: GA ZIP: 30084 8-K 1 g20409e8vk.htm FORM 8-K e8vk
 
 
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): September 1, 2009
VIDEO DISPLAY CORPORATION
(Exact name of registrant as specified in its charter)
         
Georgia   0-13394   58-1217564
(State of incorporation)   (Commission File Number)   (IRS Employer Identification No.)
         
1868 Tucker Industrial Drive        
Tucker, Georgia       30084
(Address of principal executive offices)       (Zip code)
Registrant’s telephone number, including area code: (770) 938-2080
Not Applicable
(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 7.01 Regulation FD Disclosure
Video Display Corporation issued a press release on August 31, 2009 to reaffirm financial projections for the second half of fiscal February 28, 2010 and new earnings guidance for fiscal 2011.
The information furnished on Exhibit 99.1 is incorporated by reference under this Item 7.01 as if fully set forth herein.
Item 9.01 Financial Statements and Exhibits
     ( d ) Exhibits
     
Exhibit    
Number   Description of Exhibit
 
   
99.1
  Video Display Press Release Dated August 31, 2009

 


 

SIGNATURES
     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.
         
Date: September 1, 2009  VIDEO DISPLAY CORPORATION
 
 
  By:   /s/ Ronald D. Ordway    
    Ronald D. Ordway   
    Chief Executive Officer   

 

EX-99.1 2 g20409exv99w1.htm EX-99.1 exv99w1
         
Exhibit 99.1
FOR IMMEDIATE RELEASE
Video Display Corporation Issues Earnings Guidance
Atlanta, Georgia — August 31, 2009 — Video Display Corporation (NASDAQ:VIDE) today released guidance in reaffirming projections for the second half of fiscal 2-28-2010 and issuing new guidance for fiscal 2011.
Based upon current booking rates, backlogs for future deliveries and anticipated new contract bookings, Ron Ordway, Video Display Corporation CEO, stated that results for the second quarter of fiscal 2010 ended on 8/31/2009 should be approximately breakeven. He reiterated that revenues for the second half of fiscal 2/28/2010 should begin to show improvement over the first half and earnings per share are expected to be in the range of $0.11 to $0.16. Again, based upon the factors above, the Company has issued earnings guidance for the following year to be an increase of nearly 100% with potential earnings in the range of $0.24 — $0.32 per share versus $0.11 to $0.16 for fiscal 2010. The Company previously reported revenue of $75 million and earnings of $0.03 per share for fiscal year ended 2/28/2009.
Video Display Corporation designs, develops and manufactures unique solutions for display requirements for military, medical and industrial uses with emphasis on high-end training and simulation applications. Its product offerings include ruggedized LCOS, CRT and AMLCD displays as well as complete projection display systems utilizing VDC Display Systems Marquee(TM) and ESCP line of projectors. VDCDS has extensive experience delivering projection systems worldwide used in many commercial and military trainers, as well as complete solutions for a broad range of applications. Video Display Corporation operates eight sales, design and manufacturing facilities throughout the United States and Europe. For more information, visit the Company’s web site at www.videodisplay.com
This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, from time to time, Video Display Corporation or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but are not limited to, various filings made by the Company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the Company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions, including items discussed in the Company’s Form 10-K for the year ended February 28, 2009, filed with the Securities and Exchange Commission. The Company undertakes no duty to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Video Display Corporation, Atlanta
Ronald D. Ordway, 770-938-2080
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