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Tech Industry

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.

    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.