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.
September 26, 1995 |
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.
April 19, 1994
Xircom Inc., a Calabasas maker of equipment for portable personal computers, said it had record profits and revenues for its fiscal second quarter and for the six months that ended March 31. The company reported a second-quarter profit of $3.9 million, up 84% from $2.1 million in the second quarter last year. Revenue in the fiscal second quarter rose to $30.2 million, up 62% compared with $18.7 million in 1993. For the six months, the company reported a profit of $7.35 million, up 88% from $3.
April 28, 1992
Xircom Inc., which went public last month, said its fiscal second-quarter earnings tripled from a year earlier as its sales more than doubled. The Calabasas-based company, which supplies components for local area networks that link computers, said its net income in the quarter ended March 31 jumped to $1.35 million from $440,000 a year earlier. Its sales rose to $14.2 million from $6.1 million. Xircom's profit in the first half of its fiscal year rose to $2.
March 25, 2000 |
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.
January 16, 1997 |
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.
July 22, 1997 |
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.
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.
October 31, 1995 |
Earnings reports from a diverse group of Ventura County companies reflect performances ranging from impressive to disappointing. Improvements were turned in by BioSource International Inc., Vitesse Semiconductor Corp., LTC Properties Inc. and Amgen Inc. But Xircom Inc. in Thousand Oaks experienced a downturn.
June 15, 1999 |
A Ventura County judge Monday temporarily blocked Xircom Inc.'s attempt to unmask an anonymous online critic. But the ruling was based on a legal technicality, and the judge indicated that he was not swayed by arguments that Xircom's efforts violate free speech. The ruling comes amid a surge in the number of subpoenas issued by public companies seeking to uncover the identities of their online foes. The tactic has raised concern among Internet free-speech advocates that companies are abusing the legal process solely to intimidate critics.