Last night Autodesk, today ANSYS and Cimatron — oh my. There’s lots more to say about Autodesk’s results but, as a lead-in to Cimatron, Autodesk CEO Carl Bass said the following about its recent acquisition of Delcam: “All of a sudden the manufacturing part of manufacturing is getting interesting again — looking at new ways of manufacturing and getting competitive advantage instead of driving costs out. Delcam is ideally positioned to help with that, to actually drive the machine tools on the factory floor.”
On to Cimatron. The company reported record revenue for Q4, $12.7 million, up 2% year/year; for the full year of 2013, revenue was up 5% to $44.2 million. CEO Danny Haran said in prepared remarks that revenue growth in constant currencies would have been 3.2% for the year. Cimatron provides more details on its earnings call, so I’ll update after I’ve had a chance to listen to it.
ANSYS also reported Q4 and 2013 results this morning. Q4 GAAP revenue was $236 million, up 7% as reported and smack in the middle of its guidance for the quarter. Full year 2013 revenue was $861 million, up 8%. License revenue was $148 million in Q4, up 4%, in Q4 while maintenance and service revenue was $88 million, up 12%. The company usually provides a lot more detail, but that’s not online yet so come back later for more.
ANSYS also revised its guidance for 2014, not looking for Q1 revenue of $211 million to $219 million. For the full year, it now sees GAAP revenue in the range of $935 million to $966 million — that’s a slight tweak from the $934 million to $964 million announced a couple of months ago.