Sybron Dental Specialties, Inc. Changes Date of Fourth Quarter Fiscal 2005 Earnings Report and Announces Preliminary Financial R
14 Novembro 2005 - 10:00AM
PR Newswire (US)
NEWPORT BEACH, Calif., Nov. 14 /PRNewswire-FirstCall/ -- Sybron
Dental Specialties, Inc. (NYSE:SYD), a leading manufacturer of a
broad range of value-added products for the professional dental
market and the specialty markets of orthodontics, endodontics, and
implantology, today announced that it has changed the date that it
will issue its fourth quarter fiscal 2005 earnings release to
Monday, December 12, 2005, with a conference call and webcast to be
held on Tuesday, December 13, 2005 at 10:00 a.m. Pacific time /
1:00 p.m. Eastern time. The Company will provide, in advance of the
conference call, the information needed to access the call. The
change in the date of the fourth quarter fiscal 2005 earnings
announcement is primarily attributable to additional time required
for the Company to finalize its year-end tax provision. Sybron
anticipates recording a credit to tax expense that will positively
impact earnings per share in the fourth quarter of fiscal 2005. The
credit will be partially offset by a non- cash charge relating to
the impairment of several intangible assets associated with
non-strategic products generating minimal revenue for the Company.
Sybron also announced preliminary financial results for the fourth
quarter of fiscal 2005. Sybron expects total revenue for the fourth
quarter of fiscal 2005 to range between $169 million and $171
million, with internal net sales growth of 11%-12%. The Company
also expects fourth quarter fiscal 2005 fully diluted earnings per
share to range between $0.50 and $0.54. CAUTION REGARDING
FORWARD-LOOKING STATEMENTS Statements made in this press release
regarding future matters are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements, including those dealing with the
Company's projected fourth quarter fiscal 2005 revenue, internal
net sales growth, earnings per share, tax expense, and intangible
asset valuation are based on the Company's current expectations.
Our actual results may differ materially from those currently
expected due to a number of factors, including the discovery of new
information affecting the Company's earnings for the fourth fiscal
quarter, including but not limited to, information affecting the
Company's tax expense, the value of its intangible assets, and the
level of its net sales. We undertake no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future events or otherwise. BUSINESS DESCRIPTION
Sybron Dental Specialties and its subsidiaries are leading
manufacturers of both a broad range of value-added products for the
dental profession, including the specialty markets of orthodontics,
endodontics and implantology, and a variety of infection prevention
products for use by the medical profession. Contact: Bernard J.
Pitz Chief Financial Officer Phone: (949) 255-8700 DATASOURCE:
Sybron Dental Specialties, Inc. CONTACT: Bernard J. Pitz, Chief
Financial Officer, Sybron Dental Specialties, Inc., +1-949-255-8700
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