WILSONVILLE, ORMentor Graphics today said third-quarter revenue would likely fall some $15 million short of previous guidance. The EDA software company expects revenues of approximately $185 million, versus guidance of $200 million. Read more ...
SAN JOSE, CA – The electronic design automation industry revenue for the first quarter of 2007 grew to $1.35 billion, a 10% increase year-over-year, reported the EDA Consortium. Read more ...
NEEDHAM, MAPTC, the Product Development Company, reported revenue of $266.7 million for the fourth quarter, up 9% year-over-year.
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Morganville, NJ - CADParts & Consulting, LLC announced they will market the complete Simplified Solutions, Inc. offering of subscriptions and products including their 3D Component Modeling Service, Yearly Pro/Engineer Electrical Library Subscriptions and libraries of Pro/E and IGES formatted electrical components.

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SAN JOSE, CACadence Design Systems Inc. reported third-quarter net earnings rose 74% to $72.7 million, on a 10% spike in sales, to $400.9 million.

Non GAAP net income totaled $97.4 million, up 16% from the same period last year.

Subscription bookings fell to 50% during the quarter as some customers moved to a new licensing model, which boosted upfront revenue. Some analysts said the shift could point to slower growth ahead.

Cadence forecast fourth-quarter revenue of $465 million to $475 million.
AUSTIN, TXNational Instruments reported record revenue of $184.4 million in the third quarter, up 12.4% year-over-year.
Net income was $21.5 million, up 15% compared to last year. Operating margin and net margin were 13.3% and 11.7%, respectively.
Virtual instrumentation and graphical system design products, which constitute the vast majority of the company’s product portfolio, had 14.3% year-over-year revenue growth, NI said.
In contrast, sales of NI instrument control products, now representing less than 10% of the company’s revenue, were down 3% year-over-year, compared to an 8% decline in the second quarter.
Year to date, the company reported record revenue of $536 million, up 11.8% compared to the first nine months of 2006.
The company expects a record for revenue in the fourth quarter in the range of $200 million and $210 million.

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