Autodesk surprises with a solid FQ1

May 20, 2010 | Hot Topics

Autodesk reported results on Wednesday that continue the trend of positive comparative data for the PLM space. Overall revenue was up $475 million, up 11% from a year ago, blowing away analysts’ estimates of about $435 million.Taken geographically, these results...

Avatech reports “economy improving”

May 17, 2010 | Hot Topics

Avatech Solutions reported results today that show times may be getting better for the vast majority of users of engineering software.This announcement was a few days ahead of Wednesday’s report by Autodesk, and I wonder why there aren’t more people on the call...

Vero to be taken private

May 17, 2010 | Hot Topics

Just last week I blogged about renewed interest in mergers and acquisition in the greater software space and today Vero Software, the UK maker of CAD/CAM solutions for the tooling industry, announces that it has reached agreement to be bought by BV Acquisitions...

Acquisition fever building

May 13, 2010 | Hot Topics

Hot on the heels of yesterday’s $5.8 billion deal which has Sybase joining SAP in the battle against Oracle, comes news that IBM may be entering the acquisition fray.According to an article at BusinessWeek [online edition], IBM is rolling out a plan to spend $20...

AspenTech is getting better

May 7, 2010 | Hot Topics

AspenTech yesterday announced results for its fiscal third quarter, and they are not pretty. Getting better, though. Total revenue was $45.6 million, down 36% from a year ago, due primarily to the company’s transition from a traditional perpetual fee/periodic...

ANSYS reports 17% growth in Q1, raises guidance

May 6, 2010 | Hot Topics

ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...

Delcam says business is good!

May 4, 2010 | Hot Topics

In reserved, British fashion, Delcam plc today issued a trading update for its business through March 31: Sales were better that management had expected, “with software sales on a global basis and especially within the European market ahead of expectations”....

ESI ready for economic rebound

May 3, 2010 | Hot Topics

ESI Group last week gave more details on its financial performance for the year ended January 31. In March, we learned that total revenue for the year was €75.1 million, up 7% as reported or up nearly 4% in constant currencies. Almost all of the net increase came from...

Building the snowball: DS sees Q1 as “defining”

Apr 29, 2010 | Hot Topics

Every so often a CEO says something on an earnings call that’s too good not to repeat. Bernard Charlès, CEO of Dassault Systèmes said on the call held for European analysts (and available online) that software revenue was up only 3% in Q1 because DS still needs to...

Better economy, PLM priority lead to PTC’s growth

Apr 28, 2010 | Hot Topics

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...