Beaverton, Ore.--April 28, 1999--OrCAD (Beaverton) reported results for the quarter ending March 31, 1999. Revenue for first quarter 1999 remained constant with the same period in 1998 at $11.6 million.
Excluding merger and acquisition related charges, net income for the first quarter of 1999 was $1.2 million or $0.13 per diluted share ascompared with $1.1 million or $0.12 per diluted share for the same period in 1998.
Including merger and acquisition related charges, net income was$498,000 or $0.05 per diluted share for the first quarter of 1999, as compared to anet loss of $1.6 million or $0.17 per diluted share for the first quarter of 1998.
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