Board and systems (including Altium Designer) saw a 5% decline in revenue to US$62.1 million. There was a mixed performance across different areas of the business. Excluding TASKING, revenue also fell by 4% to US$80 million. Revenue, including discontinued operations, fell by 4% to US$89.6 million. The company recently sold its TASKING business, which has been classified as discontinued operations within its report. Altium’s FY21 half-year resultĪltium said that it has seen a decline in performance due to the economic slowdown, caused by extreme COVID-19 conditions in the US and Europe, and a challenging environment in China relating to license compliance activities. The Altium Limited ( ASX: ALU) share price hasn’t moved much so far after the tech business announced its FY21 half-year result.
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