CBT GROUP PLC
8-K, 1998-09-29
PREPACKAGED SOFTWARE
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<PAGE>
 
================================================================================

                      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

                              SEPTEMBER 28, 1998
               ------------------------------------------------
               Date of Report (date of earliest event reported)


                       CBT GROUP PUBLIC LIMITED COMPANY
            ------------------------------------------------------ 
            (Exact name of Registrant as specified in its charter)


        REPUBLIC OF IRELAND              0-25674              NOT APPLICABLE
- ------------------------------------------------------------------------------- 
(State or other jurisdiction of  (Commission File Number)    (I.R.S. Employer 
incorporation or organization)                              Identification No.)

                              1005 HAMILTON COURT
                         MENLO PARK, CALIFORNIA 94025
                   ----------------------------------------
                   (Address of Principal Executive Offices)


      Registrant's telephone number, including area code:  (650) 614-5900


                                      N/A
         ------------------------------------------------------------- 
         (Former name or former address, if changed since last report)





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Item 5.   Other Events.
          ------------ 

     On September 28, 1998, CBT Group PLC issued the press release attached
hereto as Exhibit 99.1, which is incorporated herein by reference.

Item 7.   Financial Statements and Exhibits
          ---------------------------------

     (a)  Not Applicable

     (b)  Not Applicable

     (c)  Exhibits.  The following exhibit is being filed herewith.

          (99.1)  Press Release, dated September 28, 1998.
<PAGE>
 
     Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned hereunto duly authorized.



Dated: September 28, 1998               CBT GROUP PLC


                                        /s/ Richard Y. Okumoto    
                                        ----------------------    
                                        Richard Y. Okumoto
                                        Senior Vice President, Finance and
                                        Chief Financial Officer
<PAGE>
 
                                 CBT GROUP PLC
                           EXHIBIT INDEX TO FORM 8-K

Exhibit

(99.1)     Press Release, dated September 28, 1998

<PAGE>
 
                                                                    Exhibit 99.1

FOR IMMEDIATE RELEASE Monday, September 28, 1998


CONTACTS:
Richard Okumoto, CFO                    Cindy McCaffrey, Media Relations
CBT Group PLC                           CBT Group PLC
(650) 614-5900 x 605                    (650) 614-5962
[email protected]              [email protected]


CBT GROUP REPORTS EXPECTED SHORTFALL IN THIRD QUARTER REVENUES

     MENLO PARK, Calif.-- September 28, 1998--CBT Group PLC (NASDAQ: CBTSY)
announced that it had learned today that, contrary to its expectations, the
Company will not receive a significant order, worth an estimated $5 million to
$6 million in current quarter revenues, that it had been negotiating for some
time. In addition, the Company has experienced softness in orders late in the
quarter, particularly in Europe.  As a result of these factors, the Company
anticipates that its revenues and earnings for the third quarter will be below
analyst expectations.

     James J. Buckley, Chairman and CEO, noted that the Company has previously
explained that its revenues tend to be back-end loaded in the September quarter,
due in part to seasonal business patterns in Europe.  "Obviously, we're
disappointed that we missed the big order we were expecting and that order flow
has not picked up late in the quarter as we have previously experienced,"
Buckley said.

     This press release contains statements that are forward looking.  These
statements are based on current expectations that are subject to risks and
uncertainties.  Actual results may vary because of factors such as product ship
schedules, life cycles, terms and conditions, product mix, competitive products
and pricing, customer demand, technological shifts, litigation and other issues
discussed in the company's most recent annual report on Form 10-K.

About CBT Group

CBT Group is a leading provider of interactive education software for
information technology professionals in business, education and government
markets worldwide.  The company's comprehensive library, which covers a range of
client/server, mainframe, and Internet and intranet technologies, is used by the
world's leading corporations to train employees to develop and apply mission-
critical technologies in the workplace. For information on CBT Group products,
call (800) 387-0932, fax (650) 614-5901, or send an email to
[email protected].  CBT Group is located on the World Wide Web at
http://www.cbtsys.com.

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