Ansys has a solid Q1 but ACV concerns drag down the stock price
Ansys has a solid Q1 but ACV concerns drag down the stock price Ansys reported Q1 results yesterday that were both good and not-so good –are you seeing a pattern here? PTC and ESI also reported mixed news, with positive Q1 results tamped down by uncertainty...
ESI turns the corner, back to growth in Q1
ESI turns the corner, back to growth in Q1 Catching up on more earnings announcements. Last week, ESI Group reported Q1 revenue of €55.5 million, up 1% as reported and up 4% in constant currencies. ESI has been reinventing itself and first issued guidance to investors...
Hexagon continues to improve; Q1 revenue up 10%
Hexagon continues to improve; Q1 revenue up 10% Hexagon reported results last week that were surprisingly good and that –remember that Hexagon doesn’t itself issue guidance– beat analyst consensus. The details: Total revenue in Q1 was €978 million,...
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone
PTC reports Core up 21%cc in FQ2 but leaves F2021 targets (mostly) alone PTC reported results last week that were both good and worrisome. The details, then what I think it might mean: Total revenue in PTC’s fiscal Q2 2021 was $462 million, up 28% as reported...
Quickie: Bentley acquires for iTwin offering
Quickie: Bentley acquires for iTwin offering Bentley just announced that it is acquiring sensemetrics and Vista Data Vision, both of which make software for Internet of Things (IoT) applications targeted at infrastructure use cases. Bentley says the companies will...
DS’s Q1 beat expectations on mainstream strength
DS’s Q1 beat expectations on mainstream strength Dassault Systèmes reported results for its fiscal first quarter today. There’s a lot to unpack, so let’s get to the details: Total revenue of €1173 million was up 3% as reported and up 9% in constant...
Quickie: Siemens adds TimeSeries to Mendix
Quickie: Siemens adds TimeSeries to Mendix A busy day just got busier: Siemens Digital Industries Software just announced that it will acquire TimeSeries, which helps partners and customers build industry-specific low-code apps on its Mendix platform. According to...
Bentley acquires Nadhi for project controls, focus on India
Bentley acquires Nadhi for project controls, focus on India Bentley Systems just announced that its Acceleration Initiatives business has acquired India-based Nadhi Information Technologies, a “specialist in project controls, analytics, and decision support for...
