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Xircom

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.
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CALIFORNIA | LOCAL
March 7, 2000 | BARBARA MURPHY
Xircom Inc. in Thousand Oaks has reached distribution agreements with Tech Data Brazil and SED, which will expand the availability of Xircom's information access products to mobile users in Brazil. Customers in Brazil will now be able to purchase Xircom's complete line of products, including the recently introduced RealPort2 Integrated PC Card and PortStation Port Expansion system online as well as through traditional distribution methods.
CALIFORNIA | LOCAL
February 1, 2000
Xircom in Thousand Oaks reported record sales of $124.1 million for the first quarter of the fiscal year, which ended Dec. 31. This compares with $98.5 million for the same period last year and $115.6 million for the prior quarter. Net income, excluding acquisition-related costs, was a record $15.3 million or 55 cents per share, compared with $7.6 million or 30 cents per share for the same period last year, and $11 million or 42 cents per share for the prior quarter.
BUSINESS
February 1, 2000 | BRAD BERTON, SPECIAL TO THE TIMES
Xircom Inc. will become the first tenant at the long-idled former Northrop Grumman Corp. manufacturing complex in Thousand Oaks. The mobile networking company will relocate its corporate headquarters from a trio of cramped nearby facilities to a pair of custom-built 100,000-square-foot buildings at the 100-acre property, now known as the Conejo Spectrum.
CALIFORNIA | LOCAL
November 9, 1999 | BARBARA MURPHY
Xircom in Thousand Oaks has expanded the availability of its computer-access products in Latin America, signing distribution agreements with Tech Data Chile and Incotel in Uruguay. "Chile is a technologically sophisticated market that demands innovative solutions," said Kenneth Echaiz, product manager for Tech Data Chile's import division. "That's why we are pleased to partner with Xircom.
CALIFORNIA | LOCAL
October 26, 1999
Xircom in Thousand Oaks reported record sales and earnings for its fiscal year ended Sept. 30. Sales for the year were $408.9 million, a 48% increase over the $276.1 million a year earlier. Net income, excluding acquisition-related costs and other nonrecurring charges, was $46.3 million, or $1.82 per share, an increase of 153% compared with $18.3 million, or 78 cents per share, for fiscal year 1998.
CALIFORNIA | LOCAL
October 5, 1999 | LEO SMITH, TIMES STAFF WRITER
Thousand Oaks businessman Dirk Gates walked into a Fry's Electronics store recently in search of a product that would increase the number of ports on his PC. The device would enable him to connect his computer with a printer, a modem and other peripherals with ease. It wasn't long before Gates spotted a line of multi-port hubs manufactured by Entrega Technologies of Lake Forest. Apparently Gates--president, chairman and chief executive of Xircom Inc. of Thousand Oaks--liked what he found.
CALIFORNIA | LOCAL
July 20, 1999 | BARBARA MURPHY
Xircom Inc. in Thousand Oaks said it has settled a lawsuit filed in May against an anonymous person who posted three messages about the company on an Internet message board using the pseudonym "A View From Within." Under the terms of the settlement, the identity of the person was revealed by his counsel to selected senior executives at Xircom under strict confidentiality requirements.
CALIFORNIA | LOCAL
June 29, 1999
Xircom Inc. in Thousand Oaks has filed a lawsuit in Ventura County Superior Court to identify and recover damages from an anonymous individual claiming to be an employee who has posted several messages on Internet stock message boards. Xircom claims that the information posted in the chat room was unlawful because the statements contained false information about Xircom and its products.
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