Nemetschek hits 2022 revenue target — just
Nemetschek hits 2022 revenue target — just Nemetschek announced preliminary results for fiscal 2022 earlier today, indicating that business slowed slightly in Q4. For 2022, the company reported revenue of €802 million, which means Q4 revenue of €203 million...
PTC’s FQ1 was good, but macroeconomic worries loom
PTC’s FQ1 was good, but macroeconomic worries loom PTC announced fiscal Q1 2023 results last night that were better than expected in some areas. Profit was up but not as much as expected, and ARR was bigger than expected even though growth slowed a bit …...
Earnings are a mixed bag so far, with Hexagon and AspenTech reporting, and reports from Microsoft and SAP driving news
Earnings are a mixed bag so far, with Hexagon and AspenTech reporting, and reports from Microsoft and SAP driving news Tech earnings start piling up this week, so before we drown under news from Meta, Apple, Amazon, and others — and PTC and Dassault Systemes in our...
Super quick: Hexagon preannounces because of data breach
Super quick: Hexagon preannounces because of data breach Almost every earnings season, someone asks why companies preannounce, and I reply that it’s usually to make sure no ethics violations can occur. Earnings info is usually considered market-moving so if a...
Sandvik’s Q4 2022 knocked expectations out of the park
Sandvik’s Q4 2022 knocked expectations out of the park Sandvik started the PLMish reporting season with a bang, reporting Q4 2022 results that beat expectations in nearly all instances. (Note that Sandvik doesn’t give exact guidance, so the numbers that were...
It’s finally done: Schneider Electric owns AVEVA
It’s finally done: Schneider Electric owns AVEVA And so we have the final episode of this saga: AVEVA shares are no longer being traded on the London Stock Exchange today as the final step in the sale of AVEVA to Schneider Electric. The last trades yesterday put...
Hexagon to buy SaaS-based Projectmates for construction offering
Hexagon to buy SaaS-based Projectmates for construction offering Remember years ago when Hexagon first said it was interested in expanding from design into construction? Given its strength in plant design, this was a natural progression. But the companies that build...
Ansys continues buildout, acquires Rocky DEM
Ansys continues buildout, acquires Rocky DEM First off, happy new year! May 2023 bring you happiness and health! Ansys wins the prize for the first-announced deal of 2023, saying that it had acquired Rocky DEM and its developer and support teams from long-time channel...
