Ixia (XXIA) reported fourth-quarter GAAP net income of $4.6 million or $0.06 per share, compared to $9.8 million or $0.14 per share in the year-ago quarter.
Excluding items, Non-GAAP net income was $19.5 million or $0.24 per share, compared to $13.7 million or $0.18 per share a year ago. On average, six analysts polled by Thomson Reuters expected earnings of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter rose to $124.12 million from $83.65 million in the comparable quarter last year, while six analysts expected revenues of $123.37 million for the quarter.
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