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Altium’s Q3 Sales Up 2% YoY to $11.3M

Published: 07 April 2011
 by Staff

SYDNEY – ECAD developer Altium reported third-quarter sales of $11.3 million, up 2% year-over-year.

The printed circuit board software firm posted total revenue, including maintenance, consulting and other services, of $11.9 million, up 5% compared to the prior year period.

The Americas accounted for $4.6 million in sales, up 6% year-over-year, while Greater China brought in $1.2 million, up 26% compared to the third quarter of 2010. Asia-Pacific outside of China saw a drop of 30% in sales.

Altium separately announced it would relocate its executive, R&D and marketing operations and personnel to Shanghai later this year. http://pcdandf.com/cms/designnews/7913-altium-to-relocate-global-hq-to-shanghai

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