Ixia Reports Record Revenues, But Sees Loss
socalTECH
FEBRUARY 18, 2010
Calabasas-based Ixia , a developer of network testing tools, reported its fourth quarter and 2009 year end results Thursday, saying that it lost $31.3M in Q4 of 2009, on record revenues of $56.1M The loss came due to a $27.6M income tax charge to write-down the value of U.S. deferred tax assets. the firm reported in Q3.
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