Product category: Design and Development Software
News Release from: Innoveda
Edited by the Electronicstalk Editorial Team on 11 January 2002
Innoveda looking to beat Q4 estimates
Innoveda expects to report approximately $22 million in revenue and approximately $2.6 million of operating income, before amortisation, for the fourth quarter of 2001
Innoveda expects to report approximately $22 million in revenue and approximately $2.6 million of operating income, before amortisation, for the fourth quarter of 2001, exceeding consensus street estimates. The announcement is based on a preliminary review of Innoveda's financial results, in anticipation of a corporate presentation by William J (Will) Herman, president and chief executive officer, and Kevin O'Brien, chief financial officer, on 10th January at the fourth annual Needham Growth Conference, at the New York Palace Hotel.
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System speeds verification for high-speed PCBs
Innoveda is set to release a complete, integrated, front-to-back system it claims dramatically reduces the time, cost and risk associated with high-speed board-level design
Design contest winners show their creativity
Innoveda announced the winners of its fourth annual design contest, at the Innoveda International Users' Conference 2002, held recently in San Diego
They will provide institutional investors with a review of Innoveda's financial performance, strategies and markets.
These financial results are not final and currently are being audited by Innoveda's independent auditors and are subject to adjustment.
Innoveda plans to issue its final financial results for the fourth quarter on 28th January.
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