To: The Ox who wrote (1401 ) 7/8/2013 4:48:41 PM From: The Ox Respond to of 8239 Ixia Announces Preliminary Second Quarter RevenueCALABASAS, Calif.--(BUSINESS WIRE)-- Ixia ( XXIA ) today announced certain preliminary financial results for the second quarter ended June 30, 2013. Total revenue for the second quarter of 2013 is expected to be in the range of $114 million to $116 million, below the company's previous guidance of $119 million to $122 million. Revenue from Ixia’s 2012 acquisitions, Anue Systems, Inc. (“Anue”) and BreakingPoint Systems, Inc. (“BreakingPoint”), is expected to be at the high end of the previously given range of $28 million to $32 million. “We are disappointed with our topline performance this quarter, which was impacted by several factors, including lower than expected revenue from network equipment manufacturers and certain service providers as customers extended review cycles and certain large deals that were pushed into future quarters,” said Vic Alston, president and CEO of Ixia. “We did, however, see several positive trends in the quarter. Sales to our two largest customers, AT&T and Cisco, were strong and in line with expectations, and our overall book-to-bill ratio was in excess of one. Additionally, the performance of our 2012 acquisitions, Anue and BreakingPoint, was very encouraging and revenue is expected to register at the high end of our expectations for the second quarter. These indicators give us confidence that our competitive position remains strong although we remain cautious about the near-term spending environment,” continued Alston. On July 30, 2013 after the market closes, Ixia will release full financial results for the second quarter and six months ended June 30, 2013, and will also host a conference call on that day for analysts and investors to discuss these results and its business outlook for the third quarter of 2013. Open to the public, investors may access the call by dialing (678) 825-8347 . A live webcast of the conference call, along with supplemental financial information, will be accessible from the "Investors" section of Ixia's web site ( www.ixiacom.com ). Following the live webcast, an archived version will be available in the "Investors" section on the Ixia web site for 90 days.