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Ixia (XXIA) Gross Profit : $381.3 Mil (TTM As of Dec. 2016)


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What is Ixia Gross Profit?

Ixia's gross profit for the three months ended in Dec. 2016 was $100.8 Mil. Ixia's gross profit for the trailing twelve months (TTM) ended in Dec. 2016 was $381.3 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ixia's gross profit for the three months ended in Dec. 2016 was $100.8 Mil. Ixia's Revenue for the three months ended in Dec. 2016 was $128.2 Mil. Therefore, Ixia's Gross Margin % for the quarter that ended in Dec. 2016 was 78.67%.

Ixia had a gross margin of 78.67% for the quarter that ended in Dec. 2016 => Durable competitive advantage


Ixia Gross Profit Historical Data

The historical data trend for Ixia's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ixia Gross Profit Chart

Ixia Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 331.27 364.25 349.48 403.08 381.28

Ixia Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.22 87.45 96.19 96.82 100.82

Competitive Comparison of Ixia's Gross Profit

For the Information Technology Services subindustry, Ixia's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ixia's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Ixia's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ixia's Gross Profit falls into.



Ixia Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ixia's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=484.845 - 103.569
=381.3

Ixia's Gross Profit for the quarter that ended in Dec. 2016 is calculated as

Gross Profit (Q: Dec. 2016 )=Revenue - Cost of Goods Sold
=128.163 - 27.339
=100.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $381.3 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ixia's Gross Margin % for the quarter that ended in Dec. 2016 is calculated as

Gross Margin % (Q: Dec. 2016 )=Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=100.8 / 128.163
=78.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Ixia  (NAS:XXIA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ixia had a gross margin of 78.67% for the quarter that ended in Dec. 2016 => Durable competitive advantage


Ixia Gross Profit Related Terms

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Ixia (XXIA) Business Description

Traded in Other Exchanges
N/A
Address
Ixia was founded in 1997 and is headquartered in Calabasas, California. The Company provides application performance and security resilience network test and network visibility solutions that validate, secure, and optimize businesses' physical and virtual networks. The Company has operations in EMEA and Asia Pacific region. It offers an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. The Company uses direct sales force to market and sell its products and solutions and has number of ongoing programs to support the sale and distribution of products and solutions and to inform existing and potential customers, partners and distributors about the capabilities and benefits of systems. The Company serves network equipment manufacturers, service providers, enterprises and government agencies. The Company competes with network test and monitoring solution vendors such as Spirent Communications, Gigamon, Danaher, Aeroflex, JDS Uniphase, and NetScout.
Executives
Bethany Mayer director, officer: President and CEO C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Gail Hamilton director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Ilan Daskal director 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Brent T Novak officer: Chief Financial Officer C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Jonathan Fram director NONE, SEATTLE WA 98101
Graaf Raymond De officer: Sr. Vice President, Operations C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Thomas B Miller officer: Chief Financial Officer C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Pictet Overseas Trust Corp Ltd 10 percent owner BAYSIDE EXECUTIVE PARK, BUILDING NO. 1, WEST BAY STREET AND BLAKE ROAD, NASSAU C5 0000000000
Atul Bhatnagar director, officer: President and CEO C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302

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