Quickie: DS acquiring Exa for $400 million

Quickie: DS acquiring Exa for $400 million

Well, well, well. Dassault Systèmes (DS) and Exa Corporation announced early this morning that DS is acquiring Exa for $24.25 per share, or around $400 million. You may recall that Exa is a publicly traded company in the US, making the PowerFLOW CFD suite based on the...
CAE rumbles on: ANSYS, ESI and Exa earnings recaps

CAE rumbles on: ANSYS, ESI and Exa earnings recaps

Over the last few weeks, CAE companies have released earnings that highlight the growing importance of CAE technology in many companies’ product development processes, and the impact these technologies are having on the enterprises that use them. First, key...
Exa’s Q1 shows some customers, at least, favoring cloud

Exa’s Q1 shows some customers, at least, favoring cloud

Earnings keep coming and the news is increasingly positive — in our PLMish world, at least, customers are buying and using technology to continue to innovate. One recent announcement comes from Exa, the CFD maker. Exa reported that first quarter fiscal 2017,...
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...
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...
Exa’s Q2 shows good progress

Exa’s Q2 shows good progress

Exa reported results last week that show good progress, if not stellar growth. Total revenue in Q2 was $15.5 million, up 4% as reported and up 15% in constant currencies — more or less in line with prior guidance and Wall Street’s expectations. The details: License...
Exa’s Q1 up 7% as reported, up 18% in cc

Exa’s Q1 up 7% as reported, up 18% in cc

Exa Corp. just reported that FQ1 revenue was up a strong 7% as reported and up 18% in constant currencies to $14.8 million, right in the middle of the earlier forecast of $14.5 million to $15.1 million and ever so slightly ahead of Wall Street’s consensus. More...
Exa’s Q1 falls short — but for a good reason

Exa’s Q1 falls short — but for a good reason

Exa announced Q1 results on Thursday that were good, not great. Revenue was just under $14 million, at the low end of the company’s guidance but still up 10% year/year (y/y). Exa CEO Steve Remondi told investors that a few passenger car and heavy vehicle...
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