Product category:
Measurement and Quality Software and SPC
News Release from: Ansoft Europe
Edited by the Manufacturingtalk Editorial
Team on 04 June 2004
18% Increase In Revenue
Ansoft Corporation revenue for the fourth quarter totalled $17.8 million, an increase of 18% compared to $15.1 million reported in the previous fiscal year's fourth quarter.
Ansoft Corporation revenue for the fourth quarter totalled $17.8 million, an increase of 18% compared to $15.1 million reported in the previous fiscal year's fourth quarter Net income for the fourth quarter was $2.8 million, or $0.24 per share, as compared to a net income of $2.5 million, or $0.21 per share in the previous fiscal year's fourth quarter
Revenue for the fiscal year totalled $54.7 million, compared to $47.3 million reported in the previous fiscal year.
Net income for the fiscal year was $2.6 million as compared to a net loss of $3.1 million in the previous fiscal year.
"Our revenue growth for the year was 15%," said Nicholas Csendes, Ansoft's President and Chief Executive Officer "For the next fiscal year, we expect to see revenue growth of 12% to 15% for the full year as well as increasing profitability.".
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