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Article: AWR Reports Record Financial Performance for First Half FY2010 Despite Uncertain Economy.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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AWR[R], the innovation leader in high-frequency electronic design automation (EDA), announced record revenues for the first half of its 2010 fiscal year which ended September 30, 2009. The company also reported record profitability (EBITDA) for this same period, as well as the largest number of employees in its history. In contrast to competitors in the market sectors it serves, AWR is thriving and growing despite the uncertain economy.
AWR's performance in the first half of its current fiscal year (2010) was driven by consistent growth within existing aerospace and defense accounts as well as from new customers switching to AWR products from competing tools as ...