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April 14, 1997updated 05 Sep 2016 12:39pm

COMPANY RESULT: DIEHL GRAPHSOFT

By CBR Staff Writer

Diehl Graphsoft Inc, maker of CAD software for Windows, reported third-quarter net income of $53,902, or $0.02 per share, on revenue up 34% at $1.4m, compared to net income of $8,419 for the corresponding period last year. For the first nine months of fiscal 1997, the company saw net income increase 60% to $633,323 on revenue up 42% at $4.7m. Earnings per share for the year-to-date are up 54% at $0.20. The solid results for the year are mostly attributable to sales of the MiniCad 6 product, introduced last July (CI No. 2,954). MiniCad 6 accounted for approximately 40% of third-quarter income.

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