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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: golfnut777 who wrote (3622)2/1/2001 4:58:44 PM
From: Jenna  Respond to of 6445
 
Ixia Announces Record Fourth Quarter Financial Results Revenues Increase 190%; Pro Forma Net Earnings up 239%
THURSDAY, FEBRUARY 01, 2001 4:15 PM
- BusinessWire

CALABASAS, Calif., Feb 1, 2001 (BUSINESS:XXIA) today reported financial results for the fourth quarter ended December 31, 2000.

Net revenues for the fourth quarter of 2000 were $26.5 million, a 190% increase from the $9.2 million reported for the fourth quarter of 1999. Pro forma net income for the fourth quarter was $8.5 million, or $0.14 per diluted share, an increase of 239% over the $2.5 million, or $0.05 per diluted share, in the fourth quarter of the prior year.