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Cimatron, Limited (CIMT)

  • Aug. 13, 2014, 11:01 AM
    • Along with its Q2 numbers, Cimatron (CIMT) has announced a dividend policy under which "the Company will distribute a dividend of at least 50% of its annual distributable profits from the previous year."
    • The CAD/CAM software vendor ended Q2 with $20.4M ($1.90/share) in cash, up from $16.6M at the end of Q1. It calls "M&A opportunities" to be a potential use for the cash.
    • GAAP SG&A spend grew 4% Y/Y to $6.8M. R&D spend grew 7%, but only totaled $1.9M.
    • Cimatron declares early feedback for version 12 of its CimatronE CAD/CAM platform (launched in July, adds 3D printing support) to be "very encouraging."
    • Q2 results, PR
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  • Dec. 27, 2012, 4:17 PM
    Cimatron (CIMT) declares distribution of $0.43/share totaling approx. $4M. For shareholders of record Jan. 17. Payable Feb. 04. Ex-div date Jan. 03. (PR)
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Company Description
Cimatron Ltd is engaged in designs, develops, manufactures, markets and supports a family of modular, high-performance, CAD/CAM software products. The Company has two main products line which include, CimatronE and GibbsCAM.