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October 16, 1997updated 03 Sep 2016 11:36am


By CBR Staff Writer

Parametric Technology Corp, Waltham, Massachusetts CAD and engineering software developer, reported fourth-quarter net income up 29% at $60.5m on revenue up 24% at $220.2m. For the year, net income rose 38% to $219.2m on revenue up 35% at $808.8m. Earnings per share rose 35% to $0.46 for the quarter, and 38% to $1.64 for the year.

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