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 20, 2007

                                 LTX CORPORATION
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               (Exact name of registrant as specified in charter)

            Massachusetts                                  04-2594045
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           (State or other                               (IRS Employer
    jurisdiction of incorporation)                    Identification No.)


      825 University Avenue, Norwood, Massachusetts              02062
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        (Address of principal executive offices)               (Zip Code)


       Registrant's telephone number, including area code: (781) 461-1000
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         (Former name or former address, if changed since last report)


         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
follow provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13e-4(c))



Item 2.02         Results of Operations and Financial Condition.

         On November 20, 2007, LTX announced its financial results for the
quarter ended October 31, 2007. The full text of the press release issued in
connection with the announcement is furnished as Exhibit 99.1 to this Current
Report on Form 8-K.

         The information contained in this Form 8-K (including Exhibit 99.1)
shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934 (the "Exchange Act"), nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933 or the Exchange Act,
except as expressly set forth by specific reference in such a filing.

Item 9.01         Financial Statements and Exhibits.

         (c)  Exhibits

              The following exhibit relating to Item 2.02 shall be deemed to be
              furnished, and not filed:

              99.1 Press Release entitled "LTX Announces First Quarter Results"
              issued by the company on November 20, 2007.



                                    SIGNATURE

         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.



Date:  November 20, 2007             LTX Corporation

                                     By:  /s/ Mark J. Gallenberger
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                                          Mark J. Gallenberger
                                          Vice President & Chief Financial
                                          Officer



                                  EXHIBIT INDEX

Exhibit No.                   Description
- -----------                   -----------

99.1                          Press release entitled "LTX Announces First
                              Quarter Results" dated November 20, 2007