Advertisement
YOU ARE HERE: LAT HomeCollectionsXircom Inc
IN THE NEWS

Xircom Inc

BUSINESS
April 20, 1993
Xircom Inc., a Calabasas maker of equipment for linking personal computers, said its fiscal second-quarter profit surged 59% from a year earlier on a 32% sales gain. In the quarter ended March 31, Xircom's net income rose to $2.13 million from $1.35 million a year earlier, while its sales climbed to $18.7 million from $14.2 million. The introduction of new products and cost controls helped produce the gains, Xircom said. Xircom's earnings for the first half of its fiscal year rose 47%, to $3.
Advertisement
BUSINESS
June 16, 1998 | BARBARA MURPHY
Hewlett-Packard Co. has agreed to offer Xircom Inc.'s CreditCard Modem 56 PC Card as an accessory to its line of OmniBook notebook PCs. "Xircom's 56K PC Card modem provides our OmniBook notebook PC customers with a reliable, high-speed communications solution," said Tom Capp, accessories manager for HP's mobile computing division. Available in June, the CreditCard Modem 56 will be sold through Hewlett-Packard reseller channels in North America.
BUSINESS
June 17, 1997
Xircom Inc., a Thousand Oaks computer network developer, said its revenues for the quarter ending June 30 will be $50 million, or 15% lower than the $58.5 million currently expected by Wall Street analysts. The company said the lower sales projection is due to sluggish PC Card sales for its third quarter. "The U.S. market is experiencing strong demand but limited availability for the new high-end MMX-equipped portable computers," said Xircom president and CEO Dirk Gates.
BUSINESS
September 26, 1995 | Jack Searles
Xircom Inc., a Newbury Park producer of computer network access systems, has agreed to sell its line of network printing products to Pacific Data Products Inc. in San Diego. Xircom is selling its printer business because it wants to concentrate on products that allow mobile and remote access to corporate computer networks, according to Dick Gates, Xircom's president and chief executive.
BUSINESS
March 25, 2000 | Bloomberg News
Xircom Inc., which makes communications cards to connect laptop computers to networks and cell phones, said fiscal second-quarter earnings will fail to meet forecasts. The news sent its shares down 10%. The Thousand Oaks-based company, citing year 2000 fears of a slowdown in sales, said it expects to report profit of 30 cents to 35 cents a share, before goodwill and other acquisition-related costs, in the quarter ending March 31.
BUSINESS
January 16, 1997 | Times Staff and Wire Reports
Intel Corp. has made a $52-million investment in Thousand Oaks-based Xircom Inc., a 10-year-old manufacturer of communications products, in return for a 20% stake in the company. Xircom makes products to connect portable computers to corporate networks, the Internet and online services.
BUSINESS
July 22, 1997 | BARBARA MURPHY
Xircom Inc. in Thousand Oaks reported a loss for the third quarter despite an increase in sales. Net sales for the quarter ended June 30 increased 14% to $50.2 million, compared with $43.9 million a year earlier. Net loss for the quarter was $5.8 million, compared with net income in last year's third quarter of $2.5 million. On June 30, the company announced the sale of its Netaccess Inc. subsidiary, which resulted in a loss of $6.3 million or 27 cents per share.
BUSINESS
February 25, 1992
Xircom Inc., a Calabasas developer of products that link computers, plans an initial public stock offering of 2 million common shares that it hopes will raise about $22 million. In a filing with the Securities and Exchange Commission, Xircom said a group of shareholders, including Chairman J. Kirk Mathews and President Dirk I. Gates, also plans to offer an additional 1 million shares in the sale.
Los Angeles Times Articles
|