The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ixia's revenues will expand 48.3% and EPS will expand 27.8%.
The average estimate for revenue is $124.1 million. On the bottom line, the average EPS estimate is $0.23.
Last quarter, Ixia notched revenue of $109.6 million. GAAP reported sales were 42% higher than the prior-year quarter's $77.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.20. GAAP EPS of $0.15 for Q3 were 67% higher than the prior-year quarter's $0.09 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 78.8%, 80 basis points worse than the prior-year quarter. Operating margin was 8.1%, 300 basis points worse than the prior-year quarter. Net margin was 10.4%, 210 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $411.6 million. The average EPS estimate is $0.75.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 69 members out of 80 rating the stock outperform, and 11 members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give Ixia a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ixia is outperform, with an average price target of $16.75.
Internet software and services are being consumed in radically different ways, on increasingly mobile devices. Does Ixia fit in anymore? Check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Ixia to My Watchlist.