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 revenue remains high, at 80% of total license revenue.

The company reports that license revenue came to EU 9.6 million (down 9% from a year ago), services and other revenue was EU 5 million (up 27%) for total revenue of EU 14.8 million, up 1%.

ESI did not make any future-looking statements in its press release, but did indicate that decision and sales cycles were lengthening.