GIVAT SHMUEL, Israel, August 9, 2012 /PRNewswire/ --
In the news release, "Cimatron Reports Revenues of $10.6M and Record Second Quarter Non-GAAP Operating Profit of $1.7M in Q2/12" issued on 9 Aug 2012 07:30 GMT, by Cimatron Ltd over PR Newswire, we are advised by a representative of the company that the section headed 'Net Profit', under the 'Non-GAAP' title, should have consisted of 4 paragraphs rather than the single paragraph which was incorrectly transmitted by PR Newswire. Complete corrected release follows:
Cimatron Limited (NASDAQ and TASE: CIMT), a leading provider of integrated CAD/CAM software solutions for the toolmaking and manufacturing industries, today announced financial results for the second quarter and first half of 2012.
Highlights of Cimatron's results for these periods include the following:
- 11% year-over-year revenue increase on a constant currency basis in Q2 2012
- 28% year-over-year non-GAAP operating profit increase in Q2 2012
- 16% year-over-year new license revenue growth in Q2 2012, on a constant currency basis
- $ 4.7M positive cash flow from operating activities in the first six months of 2012
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