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At IsraelNewsletter.com, we focus on finding opportunities in Israeli companies trading on U.S. exchanges. While Israel has the second largest contingency of companies listed on NASDAQ after the U.S. (Israel has about 120 publicly traded companies trading on U.S. exchanges), many of these companies fly under the radar of most investors.

Once such microcap company, Cimatron (NASDAQ: CIMT), continues to impress. We wrote about Cimatron’s impressive growth recently and having reported yesterday, Cimatron continues to chug along. The leading provider of integrated CAD/CAM solutions for the tool making and manufacturing industries posted a 58% increase in revenues for the third quarter of 2007 to $7.9 million, compared to $5.0 million in the third quarter of 2006.

While larger software companies like Google (NASDAQ: GOOG) and VMWare (NYSE: VMW) continue to post strong growth, Cimatron holds its own. Much of this growth comes from consolidating revenues of its Italian distributor, Microsystems, of which Cimatron recently purchased 51%.

Continue reading Cimatron (CIMT): Microcap tooling company drills numbers

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This entry was posted on Friday, November 16th, 2007 at 4:42 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.