PITTSBURGH – Ansoft Corp.
, a developer of EDA software, announced revenue for its fiscal first quarter totaled $19.9 million, an increase of 15% year-over-year.
Operating income was $5.2 million, representing an 84% increase compared to the first quarter of 2007.
Net income was $3.9 million, up 69% year-over-year.
The company guided for second quarter revenue growth of 10 to 15%.