Ixia (XXIA) Tops Q3 EPS by 2c

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Ixia Announces Financial Results for 2015 Third Quarter

November 3, 2015 4:03 PM EST

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

Total revenue for the 2015 third quarter was $125.9 million, compared with $114.0 million reported for the 2014 third quarter and $131.6 million reported for the 2015 second quarter.

We delivered another solid quarter of year-over-year revenue and earnings growth. Our revenue growth was driven by strong market momentum across our product portfolio, particularly in the U.S. where revenue grew 25% year-over-year to reach a new record. In addition to growing our year-over-year bottom line results, we generated... More