No surprise: Autodesk announces restructuring

No surprise: Autodesk announces restructuring

You probably saw this coming: a company used to operating on a perpetual license model isn’t, financially, the same as one that relies on subscriptions. Different cash flows, and cash flows are what pay people, rent and utilities. So, today, Autodesk announced a...
Earnings quickie: Nemetschek beats even revised targets

Earnings quickie: Nemetschek beats even revised targets

I’m at SolidWorks World, so this has to be quick: Nemetschek today announced preliminary results for Q4 and 2015 that showed its momentum continued into the fourth quarter. Total revenue for the year was €285 million, exceeding both original and revised...
Siemens CEO says CD-adapco is a perfect fit

Siemens CEO says CD-adapco is a perfect fit

I put up a quick blog post yesterday about the planned acquisition of CD-adapco by Siemens and added more info to it as the day went along — please check back there for initial thoughts — but wanted to do a separate update today. Siemens held its December-quarter...
Exa’s Q3 up 6% as reported on strong US performance

Exa’s Q3 up 6% as reported on strong US performance

CFD company Exa reported results today that show how well recent investments in R&D are paying off: The company had solid, 16% constant currency (cc) growth in license revenue that lead to overall 14% cc revenue growth. The details: Total revenue for Q3 was $17...
AVEVA H1 results show possible bounceback

AVEVA H1 results show possible bounceback

AVEVA announced results for the first half of its fiscal 2015/2016 fiscal year that aren’t nearly as bad as some had suggested, given the company’s weighting towards upstream oil and gas. Lots more after I have a chance to listen to the earnings call...
ANSYS Q3 near top of guidance; sees 9% growth in 2016

ANSYS Q3 near top of guidance; sees 9% growth in 2016

ANSYS just announced that GAAP-basis revenue in Q3 was $238 million, up 2% as reported and up 9% in constant currencies — and near the top end of its earlier guidance. Software license revenue was $140 million, flat year/year as reported, while...
TRMB, AZPN report results; Bentley doesn’t

TRMB, AZPN report results; Bentley doesn’t

I’m at Bentley Systems’ Year in Infrastructure event in London, so it seems appropriate to look at recent AECish earnings. You may recall that Bentley said it filed with the US Securities and Exchange Commission for an initial public offering of its...