SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934
May 14,1998
(Date of earliest event reported)
EFTC CORPORATION
(Exact name of registrant as specified in its charter)
Commission file number: 0-23332
COLORADO 84-0854616
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) identification No.)
9351 GRANT STREET
DENVER, COLORADO 80229
(Address of principal executive offices)
(303) 451-8200
(Registrant s telephone number, including area code)
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Item 5. Other Events.
On March 31,1998, EFTC Corporation merged with RM Electronics, Inc., doing
business as Personal Electronics, (Personal) in a business combination accounted
for as pooling of interests.
To provide a period that the Company can use to demonstrate that the risk
sharing requirements of pooling-of-interests accounting treatment (as required
by the Securities and Exchange Commission s ASR No.135 and SAB No. 65) have
occurred, the condensed combined unaudited results of operations for the
one-month period ended April 30,1998, which cover at least 30 days of
post-merger operations, are being published by the filing of this report.
The operating results for the one-month period ended April 30,1998 are not
necessarily indicative of the results that may be expected for the three-month
and six-month periods ended June 30,1998, or the year ending December 31,1998.
In the opinion of management, all adjustments (consisting only of normal
recurring accruals) considered necessary for a fair presentation, have been
included.
EFTC Corporation
Condensed Consolidated Operating Results
(Unaudited)
For the Month
Ended April 30,1998
Total net sales $20,882,460
Net income $696,884
Net income per share--diluted $0.05
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.
EFTC Corporation
Date: May 14,1998
By: /s/ Brent L. Hofmeister
Brent L. Hofmeister
Corporate Controller
