-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Mt540YrKORPb/u+1BDLlyHdh8q02wJH2xjGkeafye8uKhyfTpF8KsxXkagMy8OhF lrHE2LcONpuFW/wb55fSWg== 0000891618-04-000158.txt : 20040116 0000891618-04-000158.hdr.sgml : 20040116 20040116164422 ACCESSION NUMBER: 0000891618-04-000158 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040113 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040116 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IXYS CORP /DE/ CENTRAL INDEX KEY: 0000945699 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 770140882 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26124 FILM NUMBER: 04530106 BUSINESS ADDRESS: STREET 1: 3540 BASSETT ST CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 4089540500 MAIL ADDRESS: STREET 1: 3540 BASSETT STREET CITY: SANTA CLARA STATE: CA ZIP: 95054 FORMER COMPANY: FORMER CONFORMED NAME: PARADIGM TECHNOLOGY INC /DE/ DATE OF NAME CHANGE: 19951031 8-K 1 f95701e8vk.htm FORM 8-K Ixys Corporation, Form 8-K, 01/13/04
Table of Contents

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: January 13, 2004
(Date of earliest event reported)

IXYS CORPORATION

(Exact name of registrant as specified in its charter)
         
Delaware   000-26124   77-0140882
(State or other jurisdiction of   (Commission File No.)   (IRS Employer
incorporation)       Identification No.)

3540 Bassett Street
Santa Clara, CA 95054
(Address of principal executive offices and zip code)


Registrant’s telephone number, including area code: (408) 982-0700

NOT APPLICABLE
(Former name or former address, if changed since last report.)

 

Item 7. Financial Statements and Exhibits
Item 12. Results of Operations and Financial Condition
SIGNATURES
EXHIBIT INDEX
EXHIBIT 99.1

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          This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Actual results and developments may differ materially from those described or incorporated by reference in this Report. For more information about IXYS Corporation (“IXYS”) and risks arising when investing in IXYS, investors are directed to IXYS’s most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission.

Item 7. Financial Statements and Exhibits

(c)      Exhibits

          The following exhibit is furnished (not filed) herewith:

     
Exhibit    
Number   Description
 
99.1   Text of press release issued by IXYS Corporation, dated January 13, 2004.

Item 12. Results of Operations and Financial Condition

          The following information is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or 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 a filing.

          On January 13, 2004, IXYS issued a press release. The text of IXYS’s press release is attached hereto as Exhibit 99.1.

 

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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.

     
    IXYS CORPORATION
     
    By: /s/ Arnold P. Agbayani
   
     
    Arnold P. Agbayani, Senior Vice President, Finance and Chief Financial Officer (Principal Financial Officer)

Date: January 16, 2004

 

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EXHIBIT INDEX

     
Exhibit    
Number   Description
 
99.1*   Text of press release issued by IXYS Corporation, dated January 13, 2004.

*   Furnished, not filed.

  EX-99.1 3 f95701exv99w1.txt EXHIBIT 99.1 Exhibit 99.1 Contact: Arnold Agbayani Senior Vice President, Finance & CFO IXYS Corporation 3540 Bassett Street Santa Clara, California 95054 Tel: (408) 982-0700 IXYS INCREASES REVENUE GUIDANCE FOR THE DECEMBER QUARTER SANTA CLARA, CALIF. January 13, 2004 -- IXYS Corporation (NASDAQ:SYXI), a leader in power semiconductors and ICs for power control and telecommunications applications, today released revenue guidance that is significantly higher than the previously issued guidance. Revenues for the quarter ended December 31, 2003 are estimated to be about $50 million. These revenues would result in another record revenue quarter, would be significantly higher than the guidance previously issued and would be about 17% sequentially higher than the revenues of $42.9 million in the September 2003 quarter, and about 41% higher than the revenues of the December 2002 quarter. Book-to-bill ratio for the December 2003 quarter is expected to be about 1.05 with backlog expected to be about $60 million which would be a record backlog and would be about 30% higher than the backlog of $46.4 million in the December 2002 quarter. The higher December 2003 quarter revenues were caused by improved turns business (orders received and shipped in the same period) and substantial growth in the consumer market, where very competitive prices result in significantly lower gross profit percentages. IXYS is implementing changes to lower its costs in manufacturing products for the consumer market in the expectation of improving its gross margins and its competitive edge; however, these changes have not yet taken full effect and the benefits expected from these are not yet evident. IXYS, therefore, remains cautious and does not comment on its expected earnings result for the December 2003 quarter. More details will be discussed in the IXYS quarterly earnings release and conference call that is scheduled towards the end of the month. IXYS develops and markets primarily high performance power semiconductor and control ICs that are used in controlling and converting electrical power efficiently in power systems for telecommunication infrastructure, motor drives, medical systems and transportation. IXYS also serves emerging markets with a combination of digital and analog integrated circuits to control flat panel displays, medical instruments and telecommunications products. Safe Harbor Statement The foregoing press release contains forward-looking statements. Forward-looking statements include those regarding our estimations and expectations about our financial results, book-to-bill ratio and backlog for our third fiscal quarter ending December 31, 2003, and changes relating to lowering our manufacturing costs and the effects and benefits from these changes. Actual results may vary materially from those contained in the forward-looking statements. Further information on other risks that could affect IXYS is detailed and included in IXYS' 10-K for the fiscal year ended March 31, 2003, as filed with the Securities and Exchange Commission. IXYS undertakes no obligation to publicly release the results of any revisions to these forward-looking statements. Additional information about IXYS may be obtained by visiting IXYS' website at http://www.ixys.com, or by contacting IXYS directly. -----END PRIVACY-ENHANCED MESSAGE-----