Short Take: Avant reports earnings

Avant reported record operating results for its second fiscal quarter which ended June 30, 1997. Net income for the second quarter was $7,592,000, or 28 cents per share, an increase of 41 percent compared to net income of $5,368,000, or 20 cents per share, for the same period last year. Revenues were $34,504,000, an increase of 34 percent over the second quarter last year.

July 14, 1997 4:30 p.m. PT

reported record operating results for its second fiscal quarter which ended June 30, 1997. Net income for the second quarter was $7,592,000, or 28 cents per share, an increase of 41 percent compared to net income of $5,368,000, or 20 cents per share, for the same period last year. Revenues were $34,504,000, an increase of 34 percent over the second quarter last year.