ESI reports Q2 flat with last year

ESI Group yesterday reported preliminary results for the quarter ended July 31 that echoed the business conditions seen by others in the PLM universe: companies need the innovation solutions PLM supplies, but are having a hard time signing up right now. Repeatable...

ESI reports currency helped license growth in April quarter

ESI Group reported preliminary results for the quarter ended April 30 that included surprising news: license revenue was up 3% as reported, helped by favorable exchange rates. Update:On a constant currency organic basis, license revenue dropped 6.3% in the period. The...

ESI Group reports steep drop-off in Q4

ESI Group today reported revenue growth of 2% to EU70.2 million for the fiscal year endedJanuary 31, 2009. Excluding acquisitions, revenue declined about 5% from fiscal2007/2008. Like other engineering software companies, business slowed dramaticallyduring Q4: ESI...

ESI Group cautiously optimistic about Q4

ESI announced Q3 results today that were good — and not foreshadowing gloom. It’s thefirst company to announce results that included October, after the world went into thecurrent financial meltdown. Total revenue for Q3 was up 4% to €13.4 million, with...

Quick news roundup: AVEVA has great H1, ESI buys VDOT

I’m off to Autodesk University shortly, so this will be brief; more coming after I’m back. AVEVA announced terrific results for their half-year ended September 30, 2008 — and their shares fell like a stone. The results: revenue increased 32% to £74.8...