IKAN » Topics » Item 2.02 Results of Operations and Financial Condition

This excerpt taken from the IKAN 8-K filed Feb 28, 2007.

Item 2.02 Results of Operations and Financial Condition

On February 28, 2007, Ikanos Communications, Inc. (the “Company”) issued a press release announcing the settlement of a claim and an adjustment to fourth quarter and year ended December 31, 2006 results. A copy of this press release is furnished as Exhibit 99.1 to this report.

This excerpt taken from the IKAN 8-K filed Oct 26, 2006.

Item 2.02   Results of Operations and Financial Condition

On October 26, 2006, Ikanos Communications, Inc. (the “Company”) issued a press release announcing its financial results for the first fiscal quarter ended September 30, 2006. A copy of this press release is furnished as Exhibit 99.1 to this report.

The information provided under Item 2.02 in this Current Report on Form 8-K and the Exhibit attached hereto are 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 otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

The Company is making reference to non-GAAP financial information in both the press release and on the conference call. A reconciliation of non-GAAP financial measures contained in the press release to the comparable GAAP financial measures is contained in the attached press release, and a reconciliation of this and other non-GAAP financial information provided on the conference call is contained on the Company’s web page at www.ikanos.com.

This excerpt taken from the IKAN 8-K filed Oct 4, 2006.

Item 2.02               Results of Operations and Financial Condition

On October 4, 2006, Ikanos Communications, Inc. (the “Company”) issued a press release announcing that it expects its September 30, 2006 revenue results to be lower than its prior guidance for the same period.  A copy of this press release is furnished as Exhibit 99.1 to this report.

The information provided under Item 2.02 in this Current Report on Form 8-K and the Exhibit attached hereto are 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 otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

This excerpt taken from the IKAN 8-K filed Aug 16, 2006.

Item 2.02               Results of Operations and Financial Condition

On July 31, 2006, the Company issued a press release announcing its financial results for the fiscal quarter ended July 2, 2006.  A copy of this press release was furnished as Exhibit 99.1 to this report, and as corrected is furnished hereto as Exhibit 99.1.

The information provided under Item 2.02 in this Current Report on Form 8-K and the Exhibit attached hereto are 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 otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

This excerpt taken from the IKAN 8-K filed Jul 31, 2006.

Item 2.02               Results of Operations and Financial Condition

On July 31, 2006, Ikanos Communications, Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended July 2, 2006.  A copy of this press release is furnished as Exhibit 99.1 to this report.

The information provided under Item 2.02 in this Current Report on Form 8-K and the Exhibit attached hereto are 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 otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

The Company is making reference to non-GAAP financial information in both the press release and on the conference call. A reconciliation of non-GAAP financial measures contained in the press release to the comparable GAAP financial measures is contained in the attached press release, and a reconciliation of this and other non-GAAP financial information provided on the conference call is contained on the Company’s web page at www.ikanos.com.

This excerpt taken from the IKAN 8-K filed Feb 7, 2006.

Item 2.02               Results of Operations and Financial Condition

 

On February 7, 2006, Ikanos Communications, Inc. (the “Company”) issued a press release announcing its financial results for the fourth fiscal quarter and year ended December 31, 2005.  A copy of this news release is furnished as Exhibit 99.1 to this report.

 

The information provided under Item 2.02 in this Current Report on Form 8-K and the Exhibit attached hereto are 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 otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

 

Use of Non-GAAP Financial Information

 

In addition to presenting financial results in accordance with generally accepted accounting principles in the United States (GAAP), the Company has referenced non-GAAP financial information in the press release.  The Company’s management believes that net income (loss) excluding the effect of stock-based compensation provides useful information to investors regarding the Company’s operating results.  The Company’s management uses this non-GAAP measure internally to evaluate its operating performance and plan for its future periods.

 

Net income (loss) excluding the effect of stock-based compensation for the period presented are provided for illustrative purposes only and should be read in conjunction with the comparable information presented in accordance with GAAP and Ikanos’ registration statement on Form S-1.

 

This excerpt taken from the IKAN 8-K filed Oct 19, 2005.

Item 2.02               Results of Operations and Financial Condition

 

On October 19, 2005, Ikanos Communications, Inc. (the “Company”) issued a press release announcing its financial results for the third fiscal quarter ended September 30, 2005. A copy of this press release is furnished as Exhibit 99.1 to this report.

 

The information provided under Item 2.02 in this Current Report on Form 8-K and the Exhibit attached hereto 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 otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

 

Use of Non-GAAP Financial Information

 

In addition to presenting financial results in accordance with generally accepted accounting principles in the United States (GAAP), the Company has referenced non-GAAP financial information in the press release. The Company’s management believes that net income (loss) excluding the effect of stock-based compensation provides useful information to investors regarding the Company’s operating results.  The Company’s management uses this non-GAAP measure internally to evaluate its operating performance and plan for its future periods.

 

Net income (loss) excluding the effect of stock-based compensation for the period presented are provided for illustrative purposes only and should be read in conjunction with the comparable information presented in accordance with GAAP and Ikanos registration statement on Form S-1.

 

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