<PAGE>
FORM 10-Q/A
(Amendment No. 1)
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------------
(Mark One)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 14(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD
ENDED JANUARY 31, 1998.
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD
FROM TO .
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Commission file number 1-13580
ALLIED DIGITAL TECHNOLOGIES CORP.
---------------------------------
(Exact name of registrant as specified in its charter)
Delaware 38-3191597
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(State or other jurisdiction of (IRS Employer
incorporation or organization) identification No.)
140 Fell Court, Hauppauge, New York 11788
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(Address of principal executive offices) (Zip Code)
(516) 232-2323
(Registrant's telephone number, including area code)
---------------------
Indicate by check mark whether the registrant (1) 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 X No .
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As of April 24, 1998, 13,619,644 shares of the registrant's common
stock were outstanding.
<PAGE>
Pursuant to the requirements of Section 13 or 15(d) 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.
ALLIED DIGITAL TECHNOLOGIES CORP.
Date: April 25, 1998 By: /s/ George N. Fishman
-----------------------------------------
George N. Fishman
Co-Chairman and Chief Executive Officer
(Principal Executive Officer)
Date: April 25, 1998 By: /s/ Charles A. Mantione
-----------------------------------------
Charles A. Mantione
Vice President - Finance
(Principal Financial Officer and Principal
Accounting Officer)
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
condensed consolidated blance sheet as of January 31, 1998 and the condensed
consolidated statement of earnings for the six month period ended January 31,
1998 and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1998
<PERIOD-START> AUG-01-1997
<PERIOD-END> JAN-31-1998
<CASH> 2,566,000
<SECURITIES> 0
<RECEIVABLES> 26,012,000
<ALLOWANCES> 0
<INVENTORY> 5,133,000
<CURRENT-ASSETS> 37,023,000
<PP&E> 27,218,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 109,905,000
<CURRENT-LIABILITIES> 40,686,000
<BONDS> 0
0
0
<COMMON> 136,000
<OTHER-SE> 40,236,000
<TOTAL-LIABILITY-AND-EQUITY> 109,905,000
<SALES> 88,592,000
<TOTAL-REVENUES> 88,592,000
<CGS> 69,820,000
<TOTAL-COSTS> 82,588,000
<OTHER-EXPENSES> (85,000)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 2,561,000
<INCOME-PRETAX> 3,528,000
<INCOME-TAX> 1,950,000
<INCOME-CONTINUING> 1,578,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,578,000
<EPS-PRIMARY> 0.12
<EPS-DILUTED> 0.12
</TABLE>
