Wednesday, MSC Software Corp. (MSCS), a provider of enterprise simulation solutions, announced third quarter preliminary revenues of nearly $57 million. On average, four analysts surveyed by First Call/Thomson Financial expect the company to report revenues of $60.65 million. In the year ago quarter, the company posted revenues of $58.4 million and net loss of $1.79 million or $0.04 per share.
The Santa Ana, California-based company said the preliminary revenue result is an estimate may change pending the company's management and independent auditor's completion of their normal quarterly closing and review procedures.
The company expects to report third quarter results on November 6th and file its Form 10-Q for the third quarter on November 9th.
MSCS is trading at $13.92, down $0.64 or 4.42% on a volume of 30K shares.
For comments and feedback: editorial@rttnews.com