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): March 27, 1997
DIALOGIC CORPORATION
(Exact name of registrant as specified in its charter)
New Jersey 33-59598 22-2476114
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
1515 Route 10, Parsippany, New Jersey 07054
(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code: (201) 993-3000
<PAGE>
Item 5. Other Events
The Company's Press Release, dated March 27, 1997, is incorporated
herein by reference and filed as an exhibit to this Current Report on Form 8-K.
Item 7. Financial Statements and Exhibits
Exhibit No. 99.1 Press Release dated March 27, 1997
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.
DIALOGIC CORPORATION
March 27, 1997 By: /s/ Theodore M. Weitz
---------------------
Theodore M. Weitz, Vice President
DIALOGIC CORPORATION ANNOUNCES PRELIMINARY
REVENUE ESTIMATE
PARSIPPANY, NEW JERSEY - March 27, 1997 - Dialogic Corporation (NASDAQ: DLGC)
today stated that it expects revenues and earnings for the first quarter to fall
below analysts' forecasts. Currently available data indicate that first quarter
1997 sales are likely to be in the range of $54 to $57 million, as compared with
$48.7 million during the first quarter of 1996. Sales at this level would result
in earnings falling below the analysts' consensus earnings estimates of $.31 per
share, as reported in First Call. Dialogic operates on little or no backlog, and
a significant amount of its orders are typically both received and shipped
within a day. Therefore, sales for the quarter will not be accurately
determinable until the final sales data for the quarter are complete.
Edward Jordan, Chief Financial Officer, said, "1997 has started more slowly than
we anticipated. Expenses have generally been in line with expectations so far
during the first quarter."
The statements regarding financial data contained herein are forward looking.
For a variety of reasons, including the fact that the Company operates on little
or no backlog, actual results might differ materially from the Company's
forward-looking statements. Unanticipated developments in the remainder of the
quarter might also cause actual results to differ materially from the Company's
forward-looking statements. Dialogic plans to release its complete earnings
report for the quarter in the ordinary course on approximately April 16, 1997.
Dialogic Corporation is the leading manufacturer of high performance,
standards-based computer telephone (CT) components. Dialogic products are used
in voice, fax, data, voice recognition, speech synthesis and call center
management CT applications. The Company is headquartered in Parsippany, New
Jersey, with regional headquarters in Tokyo, Japan, Brussels, Belgium, and has
sales offices worldwide.
