SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 2, 2004
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
1676 International Drive
McLean, VA 22102
(Address of principal executive offices)
(Registrants telephone number, including area code)
Item 7. Financial Statements and Exhibits.
The following exhibit is furnished pursuant to Item 12:
Exhibit 99.1 Press Release of BearingPoint, Inc., dated February 2, 2004.
Item 8. Change in Fiscal Year.
On February 2, 2004, BearingPoint, Inc. (the Company) determined to change the Companys fiscal year end from June 30 to December 31. As a result of this change, the Company will file a transition report on Form 10-K covering the six-month period ended December 31, 2003.
Item 12. Results of Operations and Financial Condition.
On February 2, 2004, the Company issued a press release providing guidance with respect to its financial results for the quarter ended December 31, 2003. A copy of the press release is furnished as Exhibit 99.1 hereto.
This Current Report on Form 8-K contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements relate to the Companys operations that are based on the Companys current expectations, estimates and projections. Words such as may, will, could, would, should, anticipate, predict, potential, continue, expects, intends, plans, projects, believes, estimates, and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance because they involve risks, uncertainties, and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events or the Companys future financial performance that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. As a result, these statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The Companys actual results may differ from the forward-looking statements for many reasons, including:
|||the business decisions of the Companys clients regarding the use of the Companys services;|
|||the timing of projects and their termination;|
|||the availability of talented professionals to provide the Companys services;|
|||the pace of technological change;|
|||the strength of the Companys joint marketing relationships;|
|||the actions of the Companys competitors; and|
|||unexpected difficulties associated with the Companys recent acquisitions, group hires and other transactions involving BearingPoint GmbH and the former Andersen Business Consulting Practices.|
In addition, the Companys results and forward-looking statements could be affected by general domestic and international economic and political conditions, including the current slowdown in the economy, uncertainty as to the future direction of the economy and vulnerability of the economy to domestic or international incidents, as well as market conditions in the Companys industry. For a more detailed discussion of certain of these factors, see Factors Affecting Future Financial Results that is attached as Exhibit 99.1 to the Companys Form 10-Q for the quarter ended September 30, 2003 and similar sections in the Companys filings with the Securities and Exchange Commission, which describe risks and factors that could cause results to differ materially from those projected in such forward-looking statements. The Company cautions the reader that these risk factors may not be exhaustive. The Company operates in a continually changing business environment, and new risk factors emerge from time to time. Management cannot predict such new risk factors, nor can it assess the impact, if any, of such new risk factors on the Companys business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those implied by any forward-looking statements.
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: February 5, 2004||BearingPoint, Inc.|
By: /s/ Robert S. Falcone
Robert S. Falcone
Executive Vice President and
Chief Financial Officer
|Exhibit 99.1||Press Release of BearingPoint, Inc., dated February 2, 2004.|