Earnings update, AEC edition — a mixed bag

Earnings update, AEC edition — a mixed bag

This earnings season has been incredibly busy and I have fallen far, far behind in summarizing the highlights. To try to catch up a bit, I’ll be grouping these companies by general product category for you, since that’s so much more useful than chronologically by...
Quickies: Uncertain economy drags down March quarter

Quickies: Uncertain economy drags down March quarter

It’s a busy week for earnings reports from engineering software companies. While I work on longer-form reports, here are a few quotes from my notes. Note that these are not 100% representative of the company’s March quarter reports — in other words,...
AspenTech revenue up 23% in F12

AspenTech revenue up 23% in F12

AspenTech, maker of aspenONE for chemical process and plant optimization, yesterday announced that fourth quarter revenue was $64 million, up 22% from a year ago, leading to total revenue for fiscal 2012 of $243 million, up 23% over last year. Mark Fusco, CEO, said...

AspenTech CEO: “A year ahead of plan” in Q3

Aspen Technology’s transition from a perpetual sales model to one based on subscriptions continues. For the quarter ended March 31, AspenTech’s FQ3, total revenue was $61 million, up increased 17% from $52.6 million a year ago. Subscription and software...

Quickies: AspenTech, Cimatron, Comet & MuM

Trying to keep up with the news flow isn’t easy this week! Here are a few tidbits that might have escaped your notice: Aspen Tech has acquired SolidSim Engineering GmbH, a provider of solids process modeling software. It’s a natural combination, since a lot of...

AspenTech continues its reinvention

AspenTech continues its turnaround, with total revenue climbing 34% to nearly $67 million for the second fiscal quarter ended December 31. The transition from paid-up license/maintenance revenue recognition to subscriptions has been rocky with the company not yet near...

Quick Update: AspenTech, Trimble

Day 4 of no power and spotty connectedness to the Interwebs, but earnings season rolls on so it’s time for another quick update: AspenTech exceeds targets for FQ1 AspenTech yesterday reported results for its first fiscal quarter that were up nicely by most metrics and...

AspenTech on track for 2011

Good earnings news continues to roll out in the world of engineering software. Yesterday, Aspen Technology announced fiscal third quarter results that show continued acceptance of the new license model for its aspenONE product suite even as the global economic...

AspenTech gains momentum

Aspen Technology on Tuesday announced 2FQ11 results showing that its transition from a perpetual to subscription model continues to gain momentum. AspenTech’s total revenue of $50 million up 17% over last year, including a 983% (no typo: 983%) increase in...