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Article: Cimatron Reports Record Revenues of $10.3 million in Q1 2008 on a non-GAAP Basis.
- Article from:
- PR Newswire
- Article date:
- May 20, 2008
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92% Year-Over-Year Revenue Growth on a non-GAAP Basis, 88% Revenue Growth on a GAAP Basis
Non-GAAP Net Income of $235 Thousand, GAAP net Loss of $(298) Thousand
GIVAT SHMUEL, Israel, May 20 /PRNewswire-FirstCall/ -- Cimatron Limited , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced financial results for the first quarter of 2008.
Following the merger and acquisition transactions with Gibbs in early 2008 and with Microsystem in 2007, Cimatron's results in the first quarter of 2008 consolidate Gibbs' financials for the first time and consolidate Microsystem's results for the ...