Best Long Term Companies To Watch For 2015: Ixia(XXIA)
Ixia supplies converged network and application performance testing solutions in the United States and internationally. It designs and validates a range of Internet protocol (IP) and third generation/long-term evolution networking equipment. The company?s solutions generate realistic traffic to stress routers, switches, and converged network appliances. It provides converged IP test systems and services for wireless and wired infrastructures and services. Ixia serves network equipment manufacturers, service providers, enterprises, and government agencies. The company was founded in 1997 and is headquartered in Calabasas, California.Advisors' Opinion:
- [By Evan Niu, CFA]
What: Shares of Ixia (NASDAQ: XXIA ) got crushed today, down by 25% at the low, after the company announced preliminary results.
So what: Revenue in the second quarter is expected in the range of $114 million to $116 million, shy of Ixia's previous guidance that was calling for $119 million to $122 million. The silver lining was that revenue from recent acquisitions is expected at the high end of guidance of $28 million to $32 million.
- [By Garrett Cook]
Ixia (NASDAQ: XXIA) shares lost 2.36 percent to $11.59 after the company reported its Q4 earnings of $0.15 per share on revenue of $120.60 million. Ixia now expected Q1 sales of $109.0 million to $113.0 million.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/best-long-term-companies-to-watch-for-2015-3.html