-----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, IGvUiTHHaDjJf9w8UGFlJzFyMoYdtilHERTmW9Bpw/yhMo50dGoefIabKM4VM82w J3xn+dIVYQWUiOI3oG0imA== 0000950134-04-004865.txt : 20040407 0000950134-04-004865.hdr.sgml : 20040407 20040407164806 ACCESSION NUMBER: 0000950134-04-004865 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040407 ITEM INFORMATION: ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040407 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: 04722732 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 f97963e8vk.htm FORM 8-K e8vk
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: April 7, 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.)

 

TABLE OF CONTENTS

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

Table of Contents

          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 April 7, 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 April 7, 2004, IXYS issued a press release. The text of IXYS’s press release is attached hereto as Exhibit 99.1.

 

Table of Contents

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: April 7, 2004

 

Table of Contents

EXHIBIT INDEX

     
Exhibit    
Number
   Description
99.1*
   Text of press release issued by IXYS Corporation, dated April 7, 2004.

*   Furnished, not filed.

 

EX-99.1 3 f97963exv99w1.txt EXHIBIT 99.1 Exhibit 99.1 PRESS RELEASE Contact: Arnold Agbayani Chief Financial Officer IXYS Corporation 3540 Bassett Street Santa Clara, California 95054 Tel: (408) 982-0700 IXYS ANNOUNCES AN INCREASE IN REVENUE GUIDANCE FOR THE MARCH QUARTER SANTA CLARA, CALIF. April 7, 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 March 31, 2004 are expected to be slightly under $54 million. These revenues would result in another record revenue quarter, would be significantly higher than the guidance previously issued and would be about 6% sequentially higher than the revenues of $50 million in the December 2003 quarter and about 42% higher than the revenues of $38 million in the March 2003 quarter. Book-to-bill ratio for the March 2004 quarter is expected to be about 1.3 with backlog expected to be about $76 million, which would be a record backlog and would be about 26% higher than the backlog of $60 million in the December 2003 quarter and about 53% higher than the backlog of $50 million in the March 2003 quarter. IXYS also announced that it has been successful to date in its ongoing cost reduction efforts. Consequently, its standard costs on most of its products have been reduced. A reduction in inventory value, caused primarily by standard cost reductions, is expected to be recognized as a charge of about $6.5 million for the quarter ended March 31, 2004. After giving effect to the inventory charge, IXYS expects to report a net loss for the quarter and year ended March 31, 2004. Additionally, IXYS announced that it expects to release a summary of its financial statements for the quarter and year ended March 31, 2004 after the close of the market on May 18, 2004. 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 expectations about financial results, book-to-bill ratio and backlog for the quarter and/or year ended March 31, 2004, as well as the expected date of release of the summary of the financial statements. Actual results may vary materially from those contained in the forward-looking statements, due to revisions during the preparation and completion of the financial statements for such periods or unanticipated delays in the completion of the financial 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-----