U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): June 21, 1996
California Micro Devices Corporation
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(Exact name of registrant as specified in its charter)
California 33-399-77 94-2672609
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State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
215 Topaz Street, Milpitas, CA 95035-5430
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (408)263-3214
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events
On June 21, 1996, the Company reported the release of certain
information regarding revenue for its first fiscal quarter, ending
June 30, 1996.
<PAGE>
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 hereunto duly authorized.
Dated: June 25, 1996
CALIFORNIA MICRO DEVICES CORPORATION
By:
/S/ John E. Trewin
__________________________________
John E. Trewin
Vice President and Chief Financial Officer
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NEWS RELEASE
[Company logo design]
California Micro Devices
Contacts: Jeffrey Kalb, President and CEO
(408) 934-3106
John Trewin, Vice President and CFO
(408) 934-3103
Roberta Silverstein, Press and Media
(408) 934-3141
For Immediate Release
CALIFORNIA MICRO DEVICES EXPECTS LOWER FIRST QUARTER SALES
Milpitas, CA, June 21, 1996 -- California Micro Devices Corporation
(NASDAQ NMS: CAMD) (CMD), headquartered here, today announced that it expects
that revenue for its first fiscal quarter, ending June 30, 1996, will be
lower than the $11.0 million reported for the quarter ended March 31, 1996.
As previously announced, there has been a significant softening in the
marketplace, as systems manufacturers adjust inventory levels. This trend
has continued through the quarter, confirming the Company's earlier cautionary
statements, as customer's orders have been rescheduled to future quarters.
Along with the decline in revenues from recent levels CMD has also seen an
erosion in margins due to lower operating levels and shift in product mix.
The Company expects to announce first quarter results in late July.
Forward looking statements involve a number of risks and uncertainties
including, but not limited to, product demand, pricing, market
acceptance, risk of dependence on third party suppliers, intellectual
property rights and litigation, risks in product and technology development
and other risk factors detailed in CMD's Securities and Exchange Commission
filings. Statements contained herein which are not historical facts are
forward looking statements. The forward-looking statements in this release are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Due to the risk factors discussed herein,
the Company's future actual results could differ materially from those
discussed above.
California Micro Devices is a designer, manufacturer and marketer of
integrated passive and active electronic components. CMD'S silicon-based,
thin film products are smaller, faster and integrate well into the major
electronic industry trends toward smaller, portable equipment, higher
frequencies and greater functionality.
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