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...
Earnings recaps: Cadence & Dassault Systèmes report solid results and talk acquisitions
Earnings recaps: Cadence & Dassault Systèmes report solid results and talk acquisitions Cadence reported results last night and offered more insight into its entry into the life sciences market. First, the results: Q2 revenue was $858 million, up 18%. By end...
4 on a Monday: Cadence acquires in bioscience, ESI sells some CFD (NOT OpenFOAM), MuM announces Q2, and Hexagon gets into 80s rock — not really
4 on a Monday: Cadence acquires in bioscience, ESI sells some CFD (NOT OpenFOAM), MuM announces Q2, and Hexagon gets into 80s rock — not really A quick catch-up on some recent news as we get ready for a bumper crop of earnings this week: Cadence said it would...
5 on a Monday: Addnode & Sandvik report Q2, Cadence acquires Future Facilities, Matterport adds to its real estate offering & Siemens snaps up ZONA for aero simulation
5 on a Monday: Addnode & Sandvik report Q2, Cadence acquires Future Facilities, Matterport adds to its real estate offering & Siemens snaps up ZONA for aero simulation Yes, a quick catchup blog is unusual on a Monday, but I was traveling last week and am...
3 on a Friday: Bentley exits Russia, Mastercam holds a contest and the NYT says VC funding mixed
3 on a Friday: Bentley exits Russia, Mastercam holds a contest and the NYT says VC funding mixed Was it a very long week for you, too? In the US, it started horribly, but it hasn’t been great in a lot of places. I hope you and yours are safe and that the sun is...
Nemetschek invests in 4th startup in 14 months
Nemetschek invests in 4th startup in 14 months The Nemetschek Group announced that it has invested in SymTerra, a UK startup working on a construction site communications platform. Nemetschek says SymTerra’s communication platform “allows easy, instant, and...
