-----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, NTdobILR4uZnPIy7Sx3ktaBouaOvl1GTkXo0JJTB7gah1E3hNuBEvvReNqxzz22t bTAdI/gu3kY2nAMlXUZzxQ== 0000853022-98-000007.txt : 19980123 0000853022-98-000007.hdr.sgml : 19980123 ACCESSION NUMBER: 0000853022-98-000007 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980120 ITEM INFORMATION: FILED AS OF DATE: 19980122 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROBERTS PHARMACEUTICAL CORP CENTRAL INDEX KEY: 0000853022 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 222429994 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-10432 FILM NUMBER: 98510990 BUSINESS ADDRESS: STREET 1: 4 INDUSTRIAL WAY WEST STREET 2: 4 INDUSTRIAL WAY W CITY: EATONTOWN STATE: NJ ZIP: 07755 BUSINESS PHONE: 7323891182 MAIL ADDRESS: STREET 1: 4 INDUSTRIAL WAY WEST STREET 2: 4 INDUSTRIAL WAY WEST CITY: EATONTOWN STATE: NJ ZIP: 07755 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 20, 1998 ROBERTS PHARMACEUTICAL CORPORATION - ----------------------------------------------------------------- (exact name of registrant as specified in its charter) NEW JERSEY 1-1-432 22-2429994 - ---------------- ----------- -------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification incorporation) Number) Meridian Center II 4 Industrial Way West Eatontown, New Jersey 07724 - ------------------------------------------------------------------- (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: 732-389-1182 Meridian Center II 4 Industrial Way West Eatontown, New Jersey 07724 - ------------------------------------------------------------------- (Former name or former address, if changed from last report) - 2 - Item 5. Other Events ------------ Roberts Pharmaceutical Corporation announced today that, based on preliminary unaudited data, the Company expects per share earnings for the fourth quarter of 1997 to be in the range of $0.07 to $0.09, significantly exceeding the FIRST CALL(R) consensus estimate of $0.05. Additionally, Roberts expects revenues for the fourth quarter ended December 31, 1997 to be in the order of $35 million to $37 million, up sharply from $28.6 million in the third quarter of 1997 and well ahead of the $32.4 million in the fourth quarter of 1996. The Company commented that the increase in fourth quarter earnings is due to several factors, including an improvement in operating margins as well as an advance in revenues, particularly in the sales of the Company's products ProAmatine(R) and Agrylin(TM). Other accomplishments for the Company in 1997 include the expansion of the senior management team and the acquisition of a manufacturing facility in line with the Company's strategy to position itself as a fully integrated pharmaceutical company. The Company also noted continued balance sheet strength with the unaudited data indicating year-end 1997 cash and securities in the order of $83 million, a current ratio in excess of 3 to 1, shareholders' equity approximating $318 million, and total liabilities at about 15% of equity. 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. ROBERTS PHARMACEUTICAL CORPORATION ---------------------------------- (Registrant) Date: January 22, 1998 By: /s/ Anthony A. Rascio ------------------------- Anthony A. Rascio Vice President -----END PRIVACY-ENHANCED MESSAGE-----