Reports Revenues of $120.1 Million and Earnings of $.01 Per Share,
Excluding Acquisition-Related Costs
London, 16th January, 2001 - Xircom, Inc. (Nasdaq: XIRC) today reported
sales for the first quarter of fiscal 2001 ended December 31, 2000, of
$120.1 million, compared to $124.1 million for the same period last year.
Net income, excluding acquisition-related costs, was $.2 million, or $.01
per share, compared to $15.3 million, or $.55 per share, for the same
Including acquisition-related costs, net loss was $2.5 million, or $.08
share. Acquisition-related costs consist of non-recurring
acquisition-related charges and ongoing amortisation of goodwill and other
acquisition-related intangibles from transactions completed in prior
An analyst call will be held at 4:30PM, Eastern Time on Tuesday, January
2001, to discuss these results. The dial in number for this call is
303-224-6997, reservation number 894008. Replay options are available on
Xircom’s website at www.xircom.com/earnings.
The Company also announced today, the signing of a definitive agreement to
be acquired by Intel Corporation (Nasdaq: INTC). An analyst call will be
held today at 4:00PM Eastern Time to discuss this announcement. The dial
number for this call is 913-981-5517. Replay options are available on
Intel’s website at http://www.intc.com
About Xircom, Inc.
For over a decade mobile professionals around the world have relied on
Xircom for access to their information anytime, anywhere. Xircom designs
develops innovative solutions that connect mobile users worldwide to
corporate networks, the Internet, Intranets and other online resources.
Xircom sells and supports its products in over 100 countries through
distributors, resellers, electronic channels and global OEM partnerships.
Headquartered in Thousand Oaks, Calif., with regional headquarters in
Belgium, Japan and Singapore, Xircom has 1,900 employees’ worldwide and
trailing four-quarter revenue of $492 million. Please visit www.xircom.com
for more information.
For more information please contact:
Xircom Investor Relations
Xircom press contacts:
Nick Barrance, Emma Gurd
Tel: 01264 323141
Fax: 01264 323251
Press & Analyst Contact
Xircom UK Ltd
Tel: 01256 345607
Fax: 01256 332553
For Sales information
General enquiry’s number: 01256 332552
International toll free number: 00800 7070 6060
Xircom and Rex are registered trademarks of Xircom, Inc. Other company or
product names have been used for identification purposes only and may be
trademarks of their respective companies. Notice to Readers.
The Company’s risk factors are described in SEC reports on Form 10-Q for
quarter ended December 31, 2000 (to be filed subsequent to this release),
and the Company's report on Form 10-K for the fiscal year ended September
30, 2000. Investor information may be found on Xircom's web site at
www.xircom.com or on the SEC's EDGAR electronic filing database.
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