Ixia (XXIA) Tops Q2 EPS by 9c

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Ixia Announces Financial Results for 2015 Second Quarter

August 4, 2015 4:03 PM EDT

Achieves Record Revenue of $131.6 Million

CALABASAS, Calif.--(BUSINESS WIRE)-- Ixia (Nasdaq: XXIA) today reported its financial results for the second quarter ended June 30, 2015.

Total revenue for the 2015 second quarter grew to a record $131.6 million, compared with $109.5 million reported for the 2014 second quarter and $121.0 million reported for the 2015 first quarter.

We exceeded both our top and bottom line expectations for the quarter, growing revenue 20% year-over-year and generating $19.3 million in cash from operations. Our strategy to bring differentiated products with compelling customer value to market while striving for operational... More