Rand’s CQ4 suffers from a tough comparable in 2013

Rand’s CQ4 suffers from a tough comparable in 2013

Rand Worldwide’s fiscal Q2, ending on December 31, 2014 revenue was down as reported year/year (y/y) to $22.4 million — but, excluding one really big sale a year ago, total revenue was up nearly 8%. You may remember that Rand has been reinventing itself, buying back...
Rand’s FY14 up on all counts, buys back LOTS of shares

Rand’s FY14 up on all counts, buys back LOTS of shares

Rand Worldwide, one of Autodesk’s largest resellers and a provider of technology solutions in its own right, yesterday announced results for the fiscal year ended June 30, 2014. Total revenue was $92 million, up 11% over the prior year (y/y), led by product...
Morning coffee: Valentines, sports, earnings and more

Morning coffee: Valentines, sports, earnings and more

Happy Monday! If you’re in the US, odds are you have the day off. Traditionally, you’d be out car shopping but you’re probably still in your jammies, watching the Olympics. Great men’s hockey game on Saturday, huh? Shame it had to be decided on...
Rand divests, focuses for fiscal 2014

Rand divests, focuses for fiscal 2014

Rand Worldwide, the Autodesk reseller and provider of proprietary solutions, just announced that revenue for the fiscal year ended June 30 was up slightly, but the accounting effect of the sale of its international operations led to a sharp decline in net income. The...
Rand: new business area “exhilarating”

Rand: new business area “exhilarating”

A couple of weeks ago, Rand Worldwide reported results for its fiscal fourth quarter and for the year ended June 30, 2012. FQ4 revenue was $22.6 million, down 3% from last year, with net income of $5.3 million. For the year, revenue was $89.4 million, essentially flat...

Rand Q3 revenue down y/y, profit too

A real fast update today — I’m at the Bentley Systems user conference — but this is important, too. Rand Worldwide today announced that revenue in its fiscal third quarter was down 18% from last year to $22.4 million but basically flat sequentially. Tight...

Quickies: CENIT, Delcam & Rand

Still trying to catch up! Here are a few news items from the overflowing inbox: CENIT announced preliminary results for 2011 that show total revenue up 16% to €108 million. Detailed results will be out on April 16. CENIT resells Dassault Systèmes’ PLM offering as well...

Rand’s product sales up, commissions down

A quick note on Rand Worldwide, which just released results for the quarter ended December 31. Q2 revenue was $23 million, up 4% from a year ago and essentially flat with its fiscal first quarter. For the six months ended December 31, 2011, total revenues were $44...

Rand FQ1 slightly under expectations

Rand Worldwide today reported results for its first fiscal quarter ended September 30, 2011, with revenue of $22 million coming in slightly below expectations, but up from $17 million last year (though not an apples-to-apples comparison due to the closing of the...
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