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News Release from: Tecnomatix Technologies
Edited by the Manufacturingtalk Editorial
Team on 18 February 2005
Tecnomatix has announced positive income
Tecnomatix has announced positive income for the fourth quarter of 2004 with revenues of $27.1 million, compared to $25.2 million for the fourth quarter of 2003.
for the fourth quarter of 2004 and yesterday at the Daratech conference UGS shared some interesting news Upon completion of the Tecnomatix aquistion, UGS' e-Factory product will be re-named Tecnomatix, reflecting the importantce of Tecomatix to the overall business
Regarding the company's fourth quarter numbers, revenues were $27.1 million, compared to $25.2 million for the fourth quarter of 2003.
Operating income for the fourth quarter of 2004 was $1.5 million, compared to an operating loss of $4.4 million for the fourth quarter of 2003.
Net income for the fourth quarter of 2004 was $1.2 million or $0.10 per diluted share, compared to a net loss of $4.4 million or $0.37 per diluted share for the fourth quarter of 2003.
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