Autodesk’s Q1 was decent, hints at stable employment at its customers
Autodesk’s Q1 was decent, hints at stable employment at its customers Autodesk announced its fiscal first quarter (ended April 30, 2020) last night –and, as others have reported, it was a rollercoaster ride. The details: Total revenue for FQ1 was $886...
European AEC software: surprisingly strong Q1
European AEC software: surprisingly strong Q1 Autodesk, the Big Daddy of AEC, reports Q1 results tomorrow so it’s time to play catchup on the earnings of its public competitors. Bentley, the #2 player in AEC, is not saying anything publicly right now because it...
CAE is cautiously optimistic: News from Altair, ANSYS, and ESI
CAE is cautiously optimistic: News from Altair, ANSYS, and ESI The New York Times recently had an article about the language companies are using on their earnings calls, and how it’s different now than in prior periods. Many calls started and ended with CEOs...
Quickie: Rockwell completes Kalypso acquisition
Quickie: Rockwell completes Kalypso acquisition Rockwell Automation just completed the acquisition of Kalypso that it announced back in February. Kalypso is a PLM consultancy that often works with PTC products; Rockwell bought $1 billion of PTC’s shares and is a...
Hexagon: “extraordinary times” led to Q1 down 7%, cost-cutting plan
Hexagon: “extraordinary times” led to Q1 down 7%, cost-cutting plan Hexagon reported FQ1 2020 results last week that really reflect the slowdown CEO Ola Rollén noted on his February call about the 2019 results and reinforced with the announcement that the...
PTC’s subs lead to a good FQ2 & perhaps a decent 2020
PTC’s subs lead to a good FQ2 & perhaps a decent 2020 PTC’s fiscal second-quarter couldn’t have been more different from Dassault Systemes’. PTC’s total revenue of $360 million was up 24%, beating expectations by a whopping $19...
Dassault Systèmes’ Q1 as pre-announced; 2020 will be tough
Dassault Systèmes’ Q1 as pre-announced; 2020 will be tough DS announced results last week that were pretty much in line with what they had said earlier — but the devil is in the details. If you want ALL of the details, go here. I’ll summarize what I...
What we learned: IBM, SAP and MuM report CQ1
What we learned: IBM, SAP and MuM report CQ1 As I noted yesterday we’re starting to get into earnings season for software companies and, as expected, the news is mixed. If you want details, go here for details on IBM’s quarter, here for SAP, and here for...
