ESI reports Q3 sales up 3% on strong growth in services

ESI Group reported reasonably good results for the third quarter today, as total revenue grew 3.2% to €13.8 million in what is typically the company’s weakest quarter. License revenue declined almost 6% to €8.5 million when compared to a year ago, slowing the steep...

Q3: So, how did we do?

It’s always hard to create context around companies whose businesses, and business models, are so different but we can draw a couple of conclusions now that Autodesk, Dassault Systèmes and PTC have reported for the summer quarter: • Starting at the top: all three...

Autodesk rev flattening out, license up seq

Autodesk reported surprisingly solid results today, as FQ3 was the first quarter in 5 that showed sequential stabilizing in almost all categories of business, the exceptions being Asia Pac and Manufacturing. The outlook is improving too, as the company gave a modest...

ANSYS Q3: Short-term caution, long-term optimism?

By now, you’ve undoubtedly seen ANSYS’ Q3 results. To quickly recap, revenue was $128.2 million, up 5% from a year ago and at the high end of guidance — but disappointing nonetheless as organic revenue (without Ansoft) fell 5.5% and total software license...

WSJ: Jittery Companies Stash Cash

The Wall Street Journal had a great article yesterday on the apparent hoarding of cash by America’s public companies. According to the piece, “in the second quarter, the 500 largest nonfinancial U.S. firms, by total assets, held about $994 billion in cash and short...

DS: Holding steady

Good things come in twos (so far): Dassault Systèmes reported that Q3 performance was as expected, with total revenue of 291.7 million euros and software revenue of 255.6 million euros, both down 8% from a year ago but essentially flat with Q2. Keep in mind that Q3 is...

PTC: Things are looking up!

The good news: things are looking up enough for PTC to forecast actual growth for next year – not couched in terms of “constant currency” or using non-GAAP measures. Actual growth! The bad news, of course, is that 2009 was a dismal year by many measures. PTC...

Some questions resolved in DS/IBM deal

But some questions remain. First the answers from today’s analyst call. Keep in mind that DS couldn’t answer some of the most pointed questions because IBM PLM is a non-reporting piece of a public company and, as such, DS can’t disclose the unit’s financials. • This...

Largest deal in DS history: buying part of IBM

In the largest deal in its history, Dassault Systèmes announced that it is acquiring the IBM sales and support operations for DS’s PLM application portfolio, including customer contracts and related assets, for approximately $600 million in cash. One stated goal...

Earnings preview: good news ahead?

PTC, Dassault Systèmes (DS) and ANSYS report third quarter earnings over the next ten days, so it’s time for a preview. Each company has kept a tight lid on things, so only insiders know what will be reported but we can look to other company’s reports for...