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October 13, 1998

COMPANY RESULT: AVANT! CORP

By CBR Staff Writer

Avant! Corp, the Fremont, California-based chip-design software company, has reported third quarter net profits of $12.5m up from losses last time of $18.3m on revenues up 38.0% at $58.1m; nine- month net profits rose to $25.2m from losses last time of $2.8m on revenues up 38.9% at $164.1m. Net earnings per share rose to $0.38 in the quarter and to $0.75 in the nine months. Figures include merger related expenditure of $41.1m the comparative third quarter of 1997.

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