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 <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant
to Section&nbsp;13 or 15(d) </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>of the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report: October&nbsp;27, 2013 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(Date of earliest event reported) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>RTI
INTERNATIONAL METALS, INC. </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact Name of Registrant as Specified in Its Charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><B>Ohio</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>001-14437</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>52-2115953</B></TD></TR>
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<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or Other Jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of Incorporation)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File No.)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(IRS Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Westpointe Corporate Center One, 5<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Floor </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1550 Coraopolis Heights Road </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Pittsburgh, Pennsylvania 15108-2973 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address of Principal Executive Offices) (Zip Code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Registrant&#146;s Telephone Number, Including Area Code: (412)&nbsp;893-0026 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>n/a </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former Name or
Former Address, if Changed Since Last Report) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">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: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

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<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>ITEM&nbsp;4.02.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review. </B></TD></TR></TABLE>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On September&nbsp;24, 2013, the Company filed Amendment No.&nbsp;1 to its Annual Report on Form 10-K for the year ended December&nbsp;31, 2012
(the &#147;Form 10-K/A&#148;) in connection with the correction of revenue recognition errors related to approximately 25 contracts that had not been correctly accounted for under Accounting Standards Codification (&#147;ASC&#148;) 605-35. As
previously disclosed, the affected contracts were related to projects of the Company&#146;s Engineered Products and Services Segment primarily for use in offshore oil and gas drilling; a market that, while growing, currently represents less than 10%
of the Company&#146;s consolidated net sales. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">During the course of its closing process for the fiscal quarter ended September&nbsp;30,
2013, the Company&#146;s management discovered that a computational error had been made in calculating the effect of the original corrections discussed above. This discovery resulted in management recommending to the Audit Committee of the Board of
Directors (the &#147;Audit Committee&#148;) that the Company&#146;s previously filed financial statements for the year ended December&nbsp;31, 2012 be restated through the filing of Amendment No.&nbsp;2 to its Annual Report on Form 10-K for the year
ended December&nbsp;31, 2012 (the&nbsp;&#147;Amendment&#148;). The Audit Committee, after consultation with the Company&#146;s management and with the concurrence of PricewaterhouseCoopers LLP (&#147;PwC&#148;), the Company&#146;s independent
registered public accounting firm, approved this recommendation on October&nbsp;27, 2013, and concluded that the Company&#146;s previously filed financial statements for the year ended December&nbsp;31, 2012 should no longer be relied upon. The
Company intends to file the Amendment as soon as practicable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Amendment will restate the Company&#146;s financial statements for the
year ended December&nbsp;31, 2012 to correct misstatements caused by errors in certain spreadsheets used to implement the correct revenue recognition methodology under ASC 605-35 during the preparation of the Form 10-K/A. Specifically, multiple
spreadsheets were created and used during the most recently completed fiscal quarter to calculate historic revenue and cost of goods sold under the contracts for which the Company was required to apply a percentage of completion methodology under
ASC 605-35. During the Company&#146;s third quarter closing process, the Company determined that one of these spreadsheets inadvertently contained computational errors that resulted in an inaccurate calculation of the revenues and cost of sales for
these contracts. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These errors preliminarily resulted in an overstatement of net sales and operating income for the year ended
December&nbsp;31, 2012 by $1.5 million as compared to the amounts set forth in the Form 10-K/A. These amounts are in addition to the misstatements of the full year 2012 amounts that were reported originally in the Form 10-K/A. The Company has
determined that the impact of these errors is material to the December&nbsp;31, 2012 financial statements and consequently will restate its Annual Report on Form 10-K/A through the filing of the Amendment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">In addition, the Company has determined that the impact of these errors to the 2011 financial statements (overstatement of net sales by $0.9
million and operating income by $0.2 million) and the quarterly </P>

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periods in 2013 (overstatement of net sales of $0.7 million and $0.2 million and operating income of $0.6 million and $0.2 million for each of the three months ended March&nbsp;31 and
June&nbsp;30, 2013, respectively), is not material to the associated financial statements and consequently will reflect the impact of 2011 and 2013 errors in its Quarterly Report on Form 10-Q for the nine months ended September&nbsp;30, 2013. The
financial statements for the three months ended March&nbsp;31, 2013 and the three and six months ended June&nbsp;30, 2013 will be revised in future filings. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As previously disclosed in the Form 10-K/A, management has concluded that the Company&#146;s internal control over financial reporting as of
December&nbsp;31, 2012 and its disclosure controls and procedures as of December&nbsp;31, 2012,&nbsp;March&nbsp;31, 2013, and June&nbsp;30, 2013 were not effective in part because of the material weaknesses previously disclosed that led to the
Company&#146;s initial restatement of its fiscal year 2012 consolidated financial statements and the financial statements contained in its first quarter 2013 quarterly report. The Company has determined that the errors described above resulted from
the material weakness in the design of controls over percentage of completion accounting as previously disclosed in Item&nbsp;9A of the Form <FONT STYLE="white-space:nowrap">10-K/A.</FONT> The Company continues its process of instituting measures to
address all of the material weaknesses in internal control over financial reporting and disclosure controls and procedures. </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;7.01</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Regulation FD Disclosure. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As of the date of filing of this Current Report on Form 8-K,
the Company is substantially complete with the preparation of its financial results for the quarter ended September&nbsp;30, 2013 and is currently reaffirming its previously-issued full year 2013 guidance. The Company previously announced that it
expects full year net sales to approach and possibly exceed $775 million, total mill product shipments to approach 16.5&nbsp;million pounds, and operating income in the range of $65 million to $75 million. The Company currently expects operating
income in the higher end of this range. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">LITIGATION REFORM ACT OF 1995 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Statements in this filing relating to matters that are not historical facts are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. These risks and uncertainties include, but are
not limited to, the impact of the correction of our revenue recognition accounting, global economic and political uncertainties, the concentration of our revenue within the commercial aerospace and defense industries, actual build-rates, production
schedules and titanium content per aircraft for commercial and military aerospace programs, the successful completion and integration of completed acquisitions, military spending generally and in particular, demand from the Joint Strike Fighter
program, the competitive nature of the markets for specialty metals, the ability of the Company to obtain adequate raw materials, loss of confidence relating to ineffective internal controls, the historic cyclicality of the titanium and commercial
aerospace industries, the successful completion of the Company&#146;s capital expansion projects, our ability to successfully integrate newly acquired businesses and other risks and uncertainties described and included in the Company&#146;s filings
with the Securities and Exchange Commission, including its Annual Report on Form 10-K/A for the year ended December&nbsp;31, 2012, and the exhibits attached thereto. Because such forward-looking statements involve risks and uncertainties, there are
important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. The information contained in this release is qualified by and should be read in conjunction with the
statements and notes filed with the Securities and Exchange Commission on Forms 10-K and 10-Q, as may be amended from time to time. The forward-looking statements in this document are intended to be subject to the safe harbor protection provided by
Section&nbsp;27A of the Securities Act of 1933, as amended, and Section&nbsp;21E of the Securities Exchange Act of 1934, as amended. The Company undertakes no obligation to update or revise any forward-looking statements. </P>

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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">SIGNATURE </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">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. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="bottom" COLSPAN="3">RTI INTERNATIONAL METALS, INC.</TD></TR>
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<TD VALIGN="top">Date: October&nbsp;28, 2013</TD>
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<TD VALIGN="bottom">By:</TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ William T. Hull</P></TD></TR>
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<TD VALIGN="bottom">Name:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">William T. Hull</TD></TR>
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<TD VALIGN="bottom">Title:</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;</FONT></TD>
<TD VALIGN="bottom">Senior Vice President &amp; Chief Financial Officer</TD></TR>
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8-K
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: October 27, 2013
(Date of earliest event reported)
RTI
INTERNATIONAL METALS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Ohio
001-14437
52-2115953
(State or Other Jurisdiction
of Incorporation)
(Commission
File No.)
(IRS Employer
Identification No.)
Westpointe Corporate Center One, 5
th
Floor
1550 Coraopolis Heights Road
Pittsburgh, Pennsylvania 15108-2973
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (412) 893-0026
n/a
(Former Name or
Former Address, if Changed Since Last Report)
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))
ITEM 4.02.
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On September 24, 2013, the Company filed Amendment No. 1 to its Annual Report on Form 10-K for the year ended December 31, 2012
(the "Form 10-K/A") in connection with the correction of revenue recognition errors related to approximately 25 contracts that had not been correctly accounted for under Accounting Standards Codification ("ASC") 605-35. As
previously disclosed, the affected contracts were related to projects of the Company's Engineered Products and Services Segment primarily for use in offshore oil and gas drilling; a market that, while growing, currently represents less than 10%
of the Company's consolidated net sales.
During the course of its closing process for the fiscal quarter ended September 30,
2013, the Company's management discovered that a computational error had been made in calculating the effect of the original corrections discussed above. This discovery resulted in management recommending to the Audit Committee of the Board of
Directors (the "Audit Committee") that the Company's previously filed financial statements for the year ended December 31, 2012 be restated through the filing of Amendment No. 2 to its Annual Report on Form 10-K for the year
ended December 31, 2012 (the "Amendment"). The Audit Committee, after consultation with the Company's management and with the concurrence of PricewaterhouseCoopers LLP ("PwC"), the Company's independent
registered public accounting firm, approved this recommendation on October 27, 2013, and concluded that the Company's previously filed financial statements for the year ended December 31, 2012 should no longer be relied upon. The
Company intends to file the Amendment as soon as practicable.
The Amendment will restate the Company's financial statements for the
year ended December 31, 2012 to correct misstatements caused by errors in certain spreadsheets used to implement the correct revenue recognition methodology under ASC 605-35 during the preparation of the Form 10-K/A. Specifically, multiple
spreadsheets were created and used during the most recently completed fiscal quarter to calculate historic revenue and cost of goods sold under the contracts for which the Company was required to apply a percentage of completion methodology under
ASC 605-35. During the Company's third quarter closing process, the Company determined that one of these spreadsheets inadvertently contained computational errors that resulted in an inaccurate calculation of the revenues and cost of sales for
these contracts.
These errors preliminarily resulted in an overstatement of net sales and operating income for the year ended
December 31, 2012 by $1.5 million as compared to the amounts set forth in the Form 10-K/A. These amounts are in addition to the misstatements of the full year 2012 amounts that were reported originally in the Form 10-K/A. The Company has
determined that the impact of these errors is material to the December 31, 2012 financial statements and consequently will restate its Annual Report on Form 10-K/A through the filing of the Amendment.
In addition, the Company has determined that the impact of these errors to the 2011 financial statements (overstatement of net sales by $0.9
million and operating income by $0.2 million) and the quarterly
periods in 2013 (overstatement of net sales of $0.7 million and $0.2 million and operating income of $0.6 million and $0.2 million for each of the three months ended March 31 and
June 30, 2013, respectively), is not material to the associated financial statements and consequently will reflect the impact of 2011 and 2013 errors in its Quarterly Report on Form 10-Q for the nine months ended September 30, 2013. The
financial statements for the three months ended March 31, 2013 and the three and six months ended June 30, 2013 will be revised in future filings.
As previously disclosed in the Form 10-K/A, management has concluded that the Company's internal control over financial reporting as of
December 31, 2012 and its disclosure controls and procedures as of December 31, 2012, March 31, 2013, and June 30, 2013 were not effective in part because of the material weaknesses previously disclosed that led to the
Company's initial restatement of its fiscal year 2012 consolidated financial statements and the financial statements contained in its first quarter 2013 quarterly report. The Company has determined that the errors described above resulted from
the material weakness in the design of controls over percentage of completion accounting as previously disclosed in Item 9A of the Form
10-K/A.
The Company continues its process of instituting measures to
address all of the material weaknesses in internal control over financial reporting and disclosure controls and procedures.
Item 7.01
Regulation FD Disclosure.
As of the date of filing of this Current Report on Form 8-K,
the Company is substantially complete with the preparation of its financial results for the quarter ended September 30, 2013 and is currently reaffirming its previously-issued full year 2013 guidance. The Company previously announced that it
expects full year net sales to approach and possibly exceed $775 million, total mill product shipments to approach 16.5 million pounds, and operating income in the range of $65 million to $75 million. The Company currently expects operating
income in the higher end of this range.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995
Statements in this filing relating to matters that are not historical facts are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. These risks and uncertainties include, but are
not limited to, the impact of the correction of our revenue recognition accounting, global economic and political uncertainties, the concentration of our revenue within the commercial aerospace and defense industries, actual build-rates, production
schedules and titanium content per aircraft for commercial and military aerospace programs, the successful completion and integration of completed acquisitions, military spending generally and in particular, demand from the Joint Strike Fighter
program, the competitive nature of the markets for specialty metals, the ability of the Company to obtain adequate raw materials, loss of confidence relating to ineffective internal controls, the historic cyclicality of the titanium and commercial
aerospace industries, the successful completion of the Company's capital expansion projects, our ability to successfully integrate newly acquired businesses and other risks and uncertainties described and included in the Company's filings
with the Securities and Exchange Commission, including its Annual Report on Form 10-K/A for the year ended December 31, 2012, and the exhibits attached thereto. Because such forward-looking statements involve risks and uncertainties, there are
important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. The information contained in this release is qualified by and should be read in conjunction with the
statements and notes filed with the Securities and Exchange Commission on Forms 10-K and 10-Q, as may be amended from time to time. The forward-looking statements in this document are intended to be subject to the safe harbor protection provided by
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company undertakes no obligation to update or revise any forward-looking statements.
SIGNATURE
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.
RTI INTERNATIONAL METALS, INC.
Date: October 28, 2013
By:
/s/ William T. Hull
Name:
William T. Hull
Title:
Senior Vice President & Chief Financial Officer