Management

Flat Markets Slow UGS Growth (Cadalyst Daily Archive)

14 Nov, 2006 By: Sara Ferris

Asia-Pacific strong, but not enough to offset stalled U.S., European sales


Manufacturing
 

UGS announced its third-quarter 2006 results, reporting revenue of US$296 million, an increase of 2% over the same period a year ago. Net loss for the quarter was $7.4 million.

Strong growth in Asia-Pacific was offset by flatness in the North American and European markets. Software revenue, including license and maintenance revenue, totaled $223.1 million. CAx software revenue dipped slightly, while that from cPDM software increased by 6%. Read more >>

 

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About the Author: Sara Ferris


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