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IXIA /Calabasas, California Despite Market Slump, Tech Firm Powers On.(A)(The New America)
Byline: Janet Purdy Levaux
Investor's Business Daily
The telecommunications boom that echoed in the first half of 2000 seems a distant memory. Many in the sector are strapped with lower projected sales and earnings growth over the next few quarters.
That could spell trouble for companies such as Ixia, which makes high-speed testing equipment for manufacturers of telecom and Internet gear.
The company's biggest client, Cisco Systems Inc., has warned of slower sales growt
h. Long-distance and other carriers have cut down on their equipment spending, due to overcapacity.
Spending on telecom gear is expected to increase 15% to 20% this year, analystssay. That's down from the estimated 40% jump in 2000 and 33% increase of 1999.
- Ixia Appoints Atul Bhatnagar as Chief Executive Officer and President.
- Press release article from: Business Wire March 6, 2008 700+ words
...CALABASAS, Calif. -- As part of Ixia's succession plan, Atul Bhatnagar has been promoted to chief executive officer (CEO) and president of Ixia (NASDAQ:XXIA), a leading...will lead the newly formed Ixia Labs, which will be responsible...
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- Press release article from: Business Wire December 15, 2004 700+ words
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- Magazine article from: Los Angeles Business Journal Thuresson, Michael July 14, 2003 700+ words
...networking leader Cisco Systems Inc. Ixia's customers--network equipment...network carriers to suffer, but Ixia remained profitable by increasing...networks," said Errol Ginsberg, chief executive at Ixia. Ginsberg said Ixia derives roughly...
- Ixia Adds Two More Outside Directors to Its Board.
- Press release article from: Business Wire July 7, 2005 700+ words
CALABASAS, Calif. -- Ixia (Nasdaq:XXIA) today announced...Hamilton. With these additions, Ixia now has six members on its Board...Errol Ginsberg, President and Chief Executive Officer of Ixia. "With these additions, we believe...
- Ixia Announces First Quarter Results.
- Press release article from: Business Wire April 20, 2006 700+ words
...for the first quarter of 2005. Ixia's 2006 first quarter GAAP results...quarter was a challenging one, Ixia continued to position itself for...Errol Ginsberg, President and Chief Executive Officer of Ixia. "During the quarter, we added...
- Ixia Announces Record Revenues for the Third Quarter of 2005; Third Quarter...
- Press release article from: Business Wire October 20, 2005 700+ words
CALABASAS, Calif. -- Ixia (Nasdaq:XXIA) today reported...for the third quarter of 2004. Ixia's third quarter of 2005 GAAP...Errol Ginsberg, President and Chief Executive Officer of Ixia. "Demand during the period was...
- Ixia Postpones Announcement of Third Quarter Results.
- Press release article from: Business Wire October 12, 2006 700+ words
CALABASAS, Calif. -- Ixia (Nasdaq: XXIA) a leading, global...Errol Ginsberg, President and Chief Executive Officer of Ixia. "Our business in the third quarter...quarter ended September 30, 2006, Ixia estimates it had cash, cash equivalents...
- Ixia's diversification results in sales growth for its test tools.(Corporate...
- Magazine article from: Los Angeles Business Journal Berry, Kate November 8, 2004 700+ words
...million in stock and cash. "Ixia's products were originally...Co., who has downgraded Ixia's stock to a "buy," from...run-up. Errol Ginsberg, Ixia's president and chief executive, launched the company in 1997...