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  <TITLE> Cyberonics, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	July 31, 2006
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  	Cyberonics, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-19806
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  	76-0236465
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	100 Cyberonics Blvd., Houston, Texas
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  	77058
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	2812287200
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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 following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
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  On August 1, 2006, Cyberonics, Inc. (the "Company") issued a press release announcing that, as a result of the delay in filing its Annual Report on Form 10-K for its fiscal year ended April 28, 2006 ("2006 Annual Report"), it received a Staff Determination Letter from the NASDAQ Stock Market, Inc. ("NASDAQ") dated July 31, 2006 indicating that the Company fails to comply with the filing requirement for continued listing set forth in Marketplace Rule 4310(c)(14), and that its securities are, therefore, subject to delisting from The NASDAQ Global Market.  The Company will request a hearing before a NASDAQ Listings Qualifications Panel ("NASDAQ Panel") to review the Staff Determination.  Under the NASDAQ Marketplace Rules, a request for a hearing will automatically stay the delisting of the Company&#x2019;s common stock pending the issuance of a written determination by the NASDAQ Panel.  However, there can be no assurance that the NASDAQ Panel will grant the Company&#x2019;s request for continued listing.  <br><br>The Company previously reported, in a Form 8-K under Item 3.01(b) filed on July 27, 2006, that it gave notice to NASDAQ on July 26, 2006 of the Company&#x2019;s inability to timely file its 2006 Annual Report. <br><br>A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.  <br>
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  <B>
  	Item 7.01 Regulation FD Disclosure.
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  On August 1, 2006, the Company issued a press release announcing, among other things, revised guidance for fiscal year 2007. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
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  	Item 9.01 Financial Statements and Exhibits.
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  Exhibit 99.1 &#x2013; Press Release dated August 1, 2006
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  	SIGNATURES
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  	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.
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  	Cyberonics, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	August 1, 2006
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  	&nbsp;
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  	By:
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  <I>
  	/s/ David S. Wise
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  	&nbsp;
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  <I>
  	Name: David S. Wise
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  <I>
  	Title: Secretary
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  	Exhibit&nbsp;Index
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  <B>
  	Exhibit No.
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  	&nbsp;
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  	Description
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  	99.1
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  	&nbsp;
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  Press Release of Cyberonics, Inc. dated August 1, 2006
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_14077.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11497}]
metadata_filer: {"company-data": {"conformed-name": "CYBERONICS INC", "cik": "0000864683", "assigned-sic": "3845", "irs-number": "760236465", "state-of-incorporation": "DE", "fiscal-year-end": "0430"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-19806", "film-number": "06995363"}, "business-address": {"street1": "100 CYBERONICS CENTER BLVD", "street2": "SUITE 600", "city": "HOUSTON", "state": "TX", "zip": "77058", "phone": "(281) 228-7200"}, "mail-address": {"street1": "100 CYBERONICS  BLVD", "street2": "SUITE 600", "city": "HOUSTON", "state": "TX", "zip": "77058"}}
text: Cyberonics, Inc. (Form: 8-K)
  UNITED STATES
  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):
  July 31, 2006
  Cyberonics, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-19806
  76-0236465
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  100 Cyberonics Blvd., Houston, Texas
  77058
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  2812287200
  Not Applicable
  ______________________________________________
  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 following provisions:
  [  ]  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))
  Top of the Form
  Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
  On August 1, 2006, Cyberonics, Inc. (the "Company") issued a press release announcing that, as a result of the delay in filing its Annual Report on Form 10-K for its fiscal year ended April 28, 2006 ("2006 Annual Report"), it received a Staff Determination Letter from the NASDAQ Stock Market, Inc. ("NASDAQ") dated July 31, 2006 indicating that the Company fails to comply with the filing requirement for continued listing set forth in Marketplace Rule 4310(c)(14), and that its securities are, therefore, subject to delisting from The NASDAQ Global Market.  The Company will request a hearing before a NASDAQ Listings Qualifications Panel ("NASDAQ Panel") to review the Staff Determination.  Under the NASDAQ Marketplace Rules, a request for a hearing will automatically stay the delisting of the Company's common stock pending the issuance of a written determination by the NASDAQ Panel.  However, there can be no assurance that the NASDAQ Panel will grant the Company's request for continued listing.
  The Company previously reported, in a Form 8-K under Item 3.01(b) filed on July 27, 2006, that it gave notice to NASDAQ on July 26, 2006 of the Company's inability to timely file its 2006 Annual Report.
  A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
  Item 7.01 Regulation FD Disclosure.
  On August 1, 2006, the Company issued a press release announcing, among other things, revised guidance for fiscal year 2007. The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
  Item 9.01 Financial Statements and Exhibits.
  Exhibit 99.1 – Press Release dated August 1, 2006
  Top of the Form
  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.
  Cyberonics, Inc.
  August 1, 2006
  By:
  /s/ David S. Wise
  Name: David S. Wise
  Title: Secretary
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Press Release of Cyberonics, Inc. dated August 1, 2006