Super-quick: Schneider Electric may buy the rest of AVEVA
Super-quick: Schneider Electric may buy the rest of AVEVA Morning news troll. AVEVA shares up 30% — why? A tiny bit of surfing tells me that Schneider Electric says it is considering a possible offer to acquire the 41% of outstanding shares in AVEVA that it does...
Graphisoft at 40: Looking forward
Graphisoft at 40: Looking forward What do you do when you’re no longer a teenager in a world that prizes newness and chases the next hot thing? If you’re Graphisoft, you celebrate your 40th birthday while simultaneously showing that you’re just as capable as the new...
Siemens DI software revenue up 14%, again led by EDA
Siemens DI software revenue up 14%, again led by EDA Siemens today reported decent results for its fiscal third quarter even with the stresses in component supply chains and the European energy markets. The part we care most about, Digital Industries, reported revenue...
Bentley reports solid, “straightforward” Q2
Bentley reports solid, “straightforward” Q2 Many signs are positive for AEC companies right now. Public spending on infrastructure is up, there’s a renewed interest in oil and gas exploration and extraction, and we seem to have figured out how to do...
Altair revenue up 11% in Q2 on strength in CAE
Altair revenue up 11% in Q2 on strength in CAE Altair last night announced results for Q2 2022 — and exceeded expectations in just about all revenue categories. The details: Total Q2 revenue was $133 million, up 11% as reported and up 16% in constant currencies,...
ANSYS Q2 beats expectations, raises annual guidance
ANSYS Q2 beats expectations, raises annual guidance Ansys last night reported Q2 GAAP revenue of $474 million, up 6% as reported and up 12% in constant currencies (cc) — and handily ahead of expectations. The details: Within total revenue, Subscription and lease...
AVEVA’s CQ2 revenue down/flat cc but ARR up
AVEVA’s CQ2 revenue down/flat cc but ARR up AVEVA released one of its quick-and-cryptic investor communications this morning. It said revenue in the June quarter declined at “a mid-single digit rate … on a constant currency basis” but was...
Hexagon’s Q2 revenue up 6% occ on strong demand across verticals and geos
Hexagon’s Q2 revenue up 6% occ on strong demand across verticals and geos Hexagon reported results this morning that blew past analyst expectations. Total revenue in Q2 was €1,289 million, up 20% as reported and up 6% on an organic and constant currency basis...
