UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 10-Q
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from __________________________ to _________________
Commission File Number: 0-1590
THE WESTWOOD GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 04-1983910
(State or other jurisdiction of incorporation (I.R.S. Employer Identification
or organization) No.
190 V.F.W. Parkway, Revere, Massachusetts 02151
(Address of principal executive offices) (Zip Code)
617-284-2600
(Registrant's telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal year, if changed since last
report)
Indicate by check mark whether the registrant (l) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes No X
As of May 15, 1995 343,210 shares of the Registrant's common stock, par value
$.01 per share and 912,015 shares of the Registrant's Class B common stock,
par value $.01 per share, were outstanding.
Page 1 of 2 Pages
<PAGE>
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 thereunto duly authorized.
Date: November 14, 1995 /s/ Richard P. Dalton
Richard P. Dalton, President
Date: November 14, 1995 /s/ Richard G. Egan, Jr.
Richard G. Egan, Jr, CFO
Date: November 14, 1995 /s/ Anthony V. Boschetto
Anthony V. Boschetto, Controller
PAGE 2 OF 2
<TABLE> <S> <C>
<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> SEP-30-1995
<CASH> 230,779
<SECURITIES> 0
<RECEIVABLES> 1,379,313
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 3,314,927
<PP&E> 35,314,400
<DEPRECIATION> 18,502,515
<TOTAL-ASSETS> 26,792,221
<CURRENT-LIABILITIES> 21,482,829
<BONDS> 0
<COMMON> 28,490
0
0
<OTHER-SE> (3,817,139)
<TOTAL-LIABILITY-AND-EQUITY> 26,792,221
<SALES> 25,160,552
<TOTAL-REVENUES> 25,160,552
<CGS> 892,230
<TOTAL-COSTS> 25,516,245
<OTHER-EXPENSES> 60,611
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 674,062
<INCOME-PRETAX> (825,366)
<INCOME-TAX> 0
<INCOME-CONTINUING> (825,366)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (825,366)
<EPS-PRIMARY> (.66)
<EPS-DILUTED> (.66)
</TABLE>
