UNITED STATES 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
Date of Report (Date of earliest event reported): August 4, 2005
McDERMOTT INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
REPUBLIC OF PANAMA 001-08430 72-0593134
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1450 Poydras Street, New Orleans, Louisiana 70112-6050
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(Address of principal executive offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (504) 587-5400
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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Item 2.02 Results of Operations and Financial Condition.
On August 4, 2005, McDermott International, Inc. (the "Company") issued
a press release announcing financial results for the quarter ended June
30, 2005. A copy of the press release is attached as Exhibit 99.1, and
the information contained in Exhibit 99.1 is incorporated by reference.
The attached press release includes non-GAAP financial measures
regarding certain of the Company's historical results. The Company is
providing the non-GAAP information to supplement the results provided
in accordance with GAAP and it should not be considered superior to, or
as a substitute for, the comparable GAAP measures. However, the Company
believes the non-GAAP measures provide meaningful insight into the
Company's ongoing operational performance and therefore uses the
non-GAAP measures internally to evaluate McDermott's operations for
purposes of budget planning and performance goals. The Company has
chosen to provide this supplemental non-GAAP information to investors
to enable them to perform additional comparisons of operating results
and as a means to emphasize the results of ongoing operations absent
income and expenses considered by management to be outside the
Company's customary business.
The information furnished pursuant to this Item 2.02, including Exhibit
99.1, shall not be deemed to be "filed" for the purposes of Section 18
of the Securities Exchange Act of 1934, as amended, (the "Exchange
Act"), or otherwise subject to the liabilities of such section, nor
shall such information be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, or the Exchange
Act, except as shall be expressly set forth by specific reference in
such filing.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
99.1 Press Release Dated August 4, 2005.
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.
McDERMOTT INTERNATIONAL, INC.
By: /s/Michael S. Taff
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Michael S. Taff
Chief Accounting Officer
August 4, 2005
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