PTC’s Q2 revenue misses but positions for the future

PTC’s Q2 revenue misses but positions for the future

It’s tough to be PTC right now. Most indicators are going in the right direction: subscriptions are ahead of expectations (though that means perpetual license revenue is below plan), IoT-related sales are growing as PTC sells both standalone IoT solutions and...
MuM had “best Q1 in company’s history”

MuM had “best Q1 in company’s history”

Now, that’s a headline. We’re all worrying about how the switch to subscriptions across the software universe affects the software creators and their reseller partners, and how many will be unable to manage the cash flow implications of the change —...
PTC surprised by subs, DS continues to roll

PTC surprised by subs, DS continues to roll

It’s a big day in PLMish earnings, as PTC reported last night and Dassault Systèmes this morning. We’ll get to details in other posts but here are the highlights: PTC continues to struggle with the mix of traditional and subscription licensing, causing...
Exa’s Q4 beats, highlights cloud success

Exa’s Q4 beats, highlights cloud success

Exa Corp. last night announced results that definitely bucked the trend — recall that ANSYS and DS both reported simulation results that were good but not expectation-beating. Exa’s Q4 revenue was $18.3 million, up 8% year/year as reported and up 13% in...
ANSYS’ Q4 shows it’s not immune from subs’ effects

ANSYS’ Q4 shows it’s not immune from subs’ effects

By now you’ve heard that ANSYS had an OK Q4 but still only reported revenue 2015 that was about on par with revenue in 2014. And the forecast for 2016 is, at best, lukewarm. Why? Yes, some of this is macro-economic and currency-related, but ANSYS is also seeing...
Yay! Stratasys sees slow return to growth in 2016

Yay! Stratasys sees slow return to growth in 2016

There’s hope in the world of 3D printers! Stratasys announced earnings just now and provided guidance for 2016 that looks pretty good. Not awesome, mind you, but: Total revenue for Q4 was $173 million, down 20% from a year ago Citing weak demand from industrial...
Autodesk’s Q4 sets the stage for a bumpy FY17

Autodesk’s Q4 sets the stage for a bumpy FY17

As you know, Autodesk is in the midst of a transition from hefty upfront fees to a steadier stream of subscription revenue. The company’s recently announced Q4 results highlight both the positives and negatives of the change — but there was also a lot of...
ANSYS Q4 revenue up 4%, at low end of guidance

ANSYS Q4 revenue up 4%, at low end of guidance

ANSYS just reported that Q4 revenue was $252 million, up 4% year/year, for a total of $943 million in 2015, up 8%. CEO Jim Cashman said in prepared remarks that the “fourth quarter presented us with a combination of both challenges and opportunities … Q4...