AMPAM Announces Second Quarter 2002 Earnings Release and Conference Call Schedule.Business Editors ROUND ROCK, Texas--(BUSINESS WIRE)--Aug. 12, 2002 American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Plumbing plumbing, piping systems inside buildings for water supply and sewage. The Romans had a highly developed plumbing system; water was brought to Rome by aqueducts and distributed to homes in lead pipes—hence the name plumbing from the Latin word plumbum & Mechanical Inc. ("AMPAM") today announced that it will release results for the quarter ended June June: see month. 30, 2002, on Wednesday Wednesday: see week. August 14th after market close. Based upon anticipated results for the second quarter and updated forecasts, the company will not meet its previously provided EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become guidance of $46 million for fiscal 2002. Updated guidance will be provided in the second quarter earnings release. The Company has scheduled a conference call for Thursday, August 15th at 10:00 a.m. Central Daylight Time. Participating in the call will be the President of AMPAM, David C. Baggett. To participate in the call, dial 800/478-6251 ten minutes before the call is scheduled to begin and use access code 486828. A replay will be available beginning at 2:00 pm Central Daylight Time on August 15th and will be accessible for one week. To access the replay, dial 888/203-1112 and use access code 486828. Headquartered in Round Rock, Texas, AMPAM is America's #1 choice for residential plumbing, heating and cooling. AMPAM also provides commercial plumbing and mechanical contracting services. |
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