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): November 7, 2005
TERAYON COMMUNICATION SYSTEMS, INC.
(Exact name of Registrant as specified in its charter)
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| Delaware
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000-24647
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77-0328533 |
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| (State or other jurisdiction of incorporation)
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(Commission file number)
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(I.R.S. employer identification no.) |
4988 Great America Parkway, Santa Clara, CA 95054
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (408) 235-5500
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 (see General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c)) |
TABLE OF CONTENTS
Item 8.01. Other Events.
On November 7, 2005, Terayon Communication Systems, Inc. (the “Company”), announced via press
release that it is reviewing the recognition of revenue for certain transactions during prior
periods. The Company initiated the review after determining that certain revenues recognized in the second half of fiscal year 2004 from a customer
may have been recorded in incorrect periods. The revenue matters under examination relate to the
timing of revenue recognition and may result in a restatement of prior period financial statements.
Pending completion of the accounting review, the filing of the Company’s Form 10-Q for the
third quarter of fiscal year 2005 will be delayed, and this delay will extend beyond November 9,
2005, the Securities and Exchange Commission’s filing deadline for the Company’s Form 10-Q.
The full text of the press release is attached hereto as Exhibit 99.1 and incorporated herein
by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
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Description |
99.1
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Press Release of Terayon Communication Systems, Inc., dated November 7, 2005. |
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