Autodesk beats expectations – by a lot

Autodesk reported second quarter result that were far better than many had expected, sending the shares up 4% in after-hours trading on Wall Street. The company reported revenue of $473 million for the quarter ended July 31 2010, an increase of 14% over last year and...

Autodesk Q2: My $.02

A lot has hit the media in the last few days about what exactly Autodesk will report on Thursday, when it makes public its Q2 2011 results. Its share price has gone up and gone down on the “news”, much of which has been correct, but some … not so much: •...

ANSYS reports good Q2, sees volatility ahead

ANSYS reported Q2 results today that met the company’s earlier forecasts but foreshadowed a coming slowdown. Total revenue for Q2 was $137.8 million, up 12.9% from $122.0 million a year ago and up 15% for the year-to-date — showing the same slowing that was...

Hexagon reports Intergraph deal on track

Hexagon announced earnings results today that show it is progressing nicely in its present business: Q2 revenue was up 16% due to a pick up in the pace of recovery in its NAFTA and EU regions. (An aside: it’s nice to see recognition that the US is not the only market...

DS beats in Q2, sees slow Q3

Dassault Systèmes reported total revenue of €386 million on an IFRS basis (think GAAP, but in Europe), up 24% from a year ago on strong software revenue growth of 28%. Favorable exchange rates contributed roughly 6% of growth across the board. IBM’s contributions are...

PTC reports solid Q3, worries about Q4

PTC announced fiscal third quarter results on July 28 that were strong in retrospect but not so hot on futures. FQ3 results were above the revised guidance issued last month: Total revenue was up 7% over last year revenue at $243 million, led by license revenue growth...

MuM sees recovery continuing

Mensch und Machine, one of Autodesk’s largest resellers in Europe, announced second quarter results today that show a continuing economic recovery — slowly but surely. Total sales for the second quarter (ended June 30) were €45.6 million, up 23% from a year ago,...

Buy buy buy: LMS buys one, sells one

LMS International announced a pair of transactions on Friday that fine-tune its product portfolio and refocus it on its core Test.Lab, Virtual.Lab and Imagine.Lab offerings. It has sold its Noesis Solutions subsidiary and the OPTIMUS product line to Cybernet Systems...

Hexagon: combining the measured and representational

I had seen Intergraph PP&M perhaps acquiring a laser scanning company, but not a metrology company buying all of Intergraph, so yesterday’s news was quite a surprise. Digging into the acquisition a bit more resolves some questions but raises others.Hexagon has...

Bentley also on a buying binge!

The greater AEC world certainly is rocking the news today.Hard on the heels of Intergraph’s acquisition by Hexagon AB, Bentley Systems, Incorporated announced that it has acquired a minority interest BLUERIDGE Analytics, Inc., maker of SITEOPS, a site design...