0001144204-15-001698.txt : 20150112 0001144204-15-001698.hdr.sgml : 20150112 20150112060741 ACCESSION NUMBER: 0001144204-15-001698 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150112 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150112 DATE AS OF CHANGE: 20150112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INTEGRATED SILICON SOLUTION INC CENTRAL INDEX KEY: 0000854701 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770199971 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23084 FILM NUMBER: 15520534 BUSINESS ADDRESS: STREET 1: 1623 BUCKEYE DRIVE CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 4089696600 MAIL ADDRESS: STREET 1: 1623 BUCKEYE DRIVE CITY: MILPITAS STATE: CA ZIP: 95035 8-K 1 v398538_8k.htm FORM 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 (Date of earliest event reported):

January 12, 2015

 

Integrated Silicon Solution, Inc.

 

 

(Exact name of registrant as specified in its charter)


  Delaware   000-23084    77-0199971

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)


1623 Buckeye Drive, Milpitas, California 95035

(Address of Principal Executive Offices of Registrant)

 

Registrant's telephone number, including area code: (408) 969-6600

(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 2.02 Results of Operations and Financial Condition.

 

The information under this Item 2.02 is being furnished as contemplated by General Instruction B(2) to Form 8-K.

 

On January 12, 2015, we announced our preliminary revenue results for the first fiscal quarter ended December 31, 2014. The complete release is attached to this report as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)Exhibits.

 

99.1Press Release dated January 12, 2015.

 

 
 

 

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 hereunto duly authorized.

 

    INTEGRATED SILICON SOLUTION, Inc.
     
     
Date:  January 12, 2015   /s/ JOHN M. COBB
     
    John M. Cobb
    Vice President and Chief Financial Officer

  

 
 

 

INDEX TO EXHIBITS

 

99.1Press Release dated January 12, 2015

 

 

 

 EX-99.1 2 v398538_ex99-1.htm EXHIBIT 99.1

ISSI Announces Preliminary December Quarter Revenue Results

MILPITAS, Calif., Jan. 12, 2015 /PRNewswire/ -- Integrated Silicon Solution, Inc. (Nasdaq: ISSI), a leader in advanced memory and analog IC solutions, today provided preliminary revenue results for its first quarter of fiscal 2015 ended December 31, 2014. Revenue is expected to be in the range of $80.5 million to $81.0 million, compared to a guidance range of $80.0 million to $85.0 million provided on October 29, 2014.

ISSI management is participating at the Sidoti & Co. Emerging Growth Institutional Investor Forum on January 12 and at the Needham & Company Growth Stock Conference on January 13 and 14. A live webcast and archived replay of ISSI's January 14 presentation at 12:45 p.m. EST at the Needham Conference will be available in the Investor Relations section of the Company's website at http://www.issi.com/.

About the Company
ISSI is a fabless semiconductor company that designs and markets high performance integrated circuits for the following key markets: (i) automotive, (ii) communications, (iii) industrial, and (iv) digital consumer. The Company's primary products are low, medium and high density DRAM and high speed and low power SRAM. The Company also designs and markets NOR flash products and high performance analog and mixed signal integrated circuits. ISSI is headquartered in Silicon Valley with worldwide offices in Taiwan, Japan, Singapore, China, Europe, Hong Kong, India, and Korea. Visit our web site at http://www.issi.com/.

Forward Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our statement concerning our preliminary revenue results for the December quarter is a forward-looking statement that involves risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks and uncertainties include supply and demand conditions in the market place (especially in the automotive market and the industrial market), unexpected reductions in average selling prices for our products, our ability to sell our products in our key markets (including automotive and industrial) and the pricing and gross margins achieved on such sales, our ability to continue to control or reduce operating expenses, our ability to obtain a sufficient supply of wafers, wafer pricing, our ability to maintain sufficient inventory of products to satisfy customer orders, our ability to realize the expected benefits of our acquisitions including maintaining relationships with key customers, vendors and employees, changes in manufacturing yields, order cancellations, order rescheduling, product warranty claims, competition, the level and value of inventory held by OEM customers, the outcome of any existing or future litigation involving intellectual property or other matters or other risks listed from time to time in the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K for the year ended September 30, 2014. In addition, the financial information in this press release is preliminary and unaudited and subject to any adjustments that may be made in connection with our quarter closing procedures and our audit. The Company assumes no obligation to update or revise the forward-looking statements in this release because of new information, future events, or otherwise.



CONTACT: John M. Cobb, Chief Financial Officer, Integrated Silicon Solution, Inc., (408) 969-6600, ir@issi.com, or Shelton Group, Leanne Sievers, EVP, 949-224-3874, lsievers@sheltongroup.com, or Matt Kreps, Managing Director, 214-272-0073, mkreps@sheltongroup.com