UGS Corp. (www.ugs.com), a global provider of product lifecycle management software and services, reported a four percent increase in revenue to $296.7 million for second-quarter 2006, compared to the year-earlier period.
Software revenue increased to $221.2 million, a five percent increase over 2005. Those amounts are not adjusted for approximately $3.6 million in deferred write-offs.
The company is in the process of completing the reorganization of its sales force to focus on verticals and mid-market channels and is adding sales capacity.
During the second quarter UGS was named a Caterpillar Strategic Supplier, and received the Honda Engineering Supplier of the Year Award, Ford’s Q1 Certification and GM’s Supplier of the Year Award.
Latest from Home
Latest from Home
News
Nano Dimension Ordered to Close the Deal
March 26, 2025
News
Boeing Lands Multi-Billion-Dollar 737 MAX Order
March 25, 2025
News
Boeing to Build New USAF Fighter
March 24, 2025
News
GE’s $1B CapEx Plan to Update Manufacturing
March 21, 2025
News
No Momentum for Cutting Tool Demand
March 20, 2025
News
New Airbus Helicopter is a Big Hit
March 18, 2025