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Article: Cimatron Reports Record Revenues of $10.9 Million and 146% Increase in Year-Over-Year Net Income on a Non-GAAP Basis in Q2/08.
- Article from:
- PR Newswire
- Article date:
- August 27, 2008
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$5.0 Million Net Cash Generated by Operating Activities in the First Half of 2008, an Increase of 101% Year-Over-Year
GIVAT SHMUEL, Israel, August 27 /PRNewswire-FirstCall/ -- Cimatron Limited , a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries, today announced financial results for the second quarter and first six months of 2008.
Financial Highlights:
- Revenues on a non-GAAP Basis: $10.9 million in Q2/08 as
compared to $5.5 million in Q2/07
- Net Income on a non- GAAP Basis: $0.74 million in Q2/08 as
compared to $0.30 million in Q2/07
- Revenues on GAAP Basis: $10.7 million in Q2/08 ...