Quickturn Design Systems Inc, the Mountain View, California-based creator of software for design verification of complex ICs and electronic systems, has reported second-quarter net income down 75.9% at $720,000 on sales up 1.0% at $26.4m. Midterm net loss was $1.4m down from net income last time of $5.7m on revenue down 4.6% at $47.8m. Earnings […]
Quickturn Design Systems Inc, the Mountain View, California-based creator of software for design verification of complex ICs and electronic systems, has reported second-quarter net income down 75.9% at $720,000 on sales up 1.0% at $26.4m. Midterm net loss was $1.4m down from net income last time of $5.7m on revenue down 4.6% at $47.8m. Earnings per share fell 76.5% to $0.04 in the quarter.