Avant! hits Q3 targets

Summary:Integrated circuitsoftware designer Avant! Corp. reported thirdquarter earnings in line with analysts' expectations Friday and saidit expected fourth-quarter earnings and revenues to increaseabout 10 percent to 14 percent over levels for the same quarterof 1999.

Integrated circuit software designer Avant! Corp. reported third quarter earnings in line with analysts' expectations Friday and said it expected fourth-quarter earnings and revenues to increase about 10 percent to 14 percent over levels for the same quarter of 1999. The company said pro forma third-quarter earnings were 45 cents per diluted share, up 21 percent over the same period last year. Analysts polled by First Call/Thomson Financial had forecast, on average, earnings of 45 cents per share. Full story. -- Larry Barrett, ZDNet Inter@ctive Investor

Topics: Tech Industry

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