Ixia (XXIA) announced Monday morning that it expects its fourth-quarter revenue to be in the range of $123.5 million to $124.5 million, above its previously stated guidance range of $118 million to $122 million. Ixia said its GAAP and adjusted earnings per share for the fourth quarter are expected to be at, or slightly above, the high end of the previously given guidance.
Ixia gapped open higher Monday, but traded in a range for the majority of the session. The stock finished with a gain of 1.58 at $19.24 on above average volume. Ixia broke out of a week and a half long range and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.