Product category:
Measurement and Quality Software and SPC
News Release from: Ansoft Europe
Edited by the Manufacturingtalk Editorial
Team on 26 August 2004
Ansoft First Quarter Results
Ansoft has announced financial results for its first quarter of fiscal 2005 ended July 31, 2004.
Ansoft has announced financial results for its first quarter of fiscal 2005 ended July 31, 2004 Revenue for the first quarter totalled $12.7 million, an increase of 19% compared to $10.7 million reported in the previous fiscal year's first quarter
Net income for the first quarter was $30,000, or $0.00 per diluted share, as compared to a net loss of $1.2 million, or ($0.10) per diluted share in the previous fiscal year's first quarter.
"Ansoft had a very successful first quarter," stated Nicholas Csendes, President and CEO.
"With the continued high level of activity we are experiencing worldwide, we expect to see good revenue growth and profitability for the balance of the year.".
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