Unigraphics Reports Decline in Income

Unigraphics Solutions Inc., which this year moved its headquarters to Cypress from St. Louis, reported first-quarter net income of $3.2 million, or 9 cents a share, down from the $10.4 million, or 28 cents a share, a year ago. Revenue increased 13% to $136.4 million for the company, a supplier of software and services for manufacturers.