Ansoft revenues rise.PITTSBURGH Pittsburgh (pĭts`bərg), city (1990 pop. 369,879), seat of Allegheny co., SW Pa., at the confluence of the Allegheny and the Monongahela rivers, which there form the Ohio River; inc. 1816. -- Ansoft Ansoft Corporation (Nasdaq: ANST) is an Electronic Design Automation (EDA) vendor. The company was founded in 1984 and is headquartered in Pittsburgh, Pennsylvania, United States. Corp. reported revenue of $21.7 million for the fourth quarter ending April 30, 2005, an increase of 22% compared to $17.8 million reported in the previous year's Q4. On a GAAP GAAP See: Generally Accepted Accounting Principles GAAP See generally accepted accounting principles (GAAP). basis, net income for the fourth quarter was $4.7 million compared to GAAP net income of $2.8 million in the previous fiscal year's fourth quarter. Revenue for the fiscal year totaled $67.7 million, compared to $54.7 million reported in the previous fiscal year. On a GAAP basis, net income for the fiscal year was $9.4 million compared to GAAP net income of $2.6 million in the previous fiscal year. |
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