Quick Hits: Intercim, AVEVA and SofTech
Lots going on this week, so here’s a quick roundup - I hope to get to longer posts on some of these next week. Dassault Systèmes acquires Intercim LLC Intercim, maker of manufacturing operations management systems software for the aerospace and defense industry, had...
ESI: 2010 was “buoyant”
ESI Group reported unaudited results today that highlight 30% growth in new business intake in the fourth quarter and what the company described as a “surge” in the emerging BRIC markets. In all, ESI described 2010 as exhibiting “buoyant” growth.The details: • Total...
DS update: offerings for a growing market
Dassault Systèmes’ Al Bunshaft, Managing Director of DS America, today held the first of a series of update calls for industry analysts. The call reiterated DS’ focus on growing its brands and tweaking its sales channels to reach an ever-greater addressable market and...
Bentley growing for the future
Bentley Systems, a privately held company focused on creating solutions for the AEC market, took the unusual step yesterday of holding a conference call to discuss some aspects of their 2010 results. The highlights are revenue growth of 6%, a return to 2008 revenue...
Mentor: great results, takeover speculation
In the flurry of earnings releases last week came the following from Mentor Graphics: For the full year that ended on January 31, 2011 Mentor reported revenue of $915 million, up 14%, and for the fiscal fourth quarter, the company reported revenue of $307 million, up...
Intergraph PP&M thrives
There are a lot more than six sides to Hexagon AB, the Swedish holding company that last year added Intergraph to its portfolio. Hexagon’s network of nearly 50 subsidiaries focus on measurement and design of objects as small as microchips and as large as power plants...
ANSYS: We’re optimistic and hiring
[Note: ANSYS provided additional information on its results last week; below is a hybrid of my original post and the updates. Many thanks to Annette Arribas, Investor Relations and Global Insurance Officer for ANSYS, for her quick response to my questions. -- Ed.]...
Autodesk reports, investors like a lot
Autodesk last night reported results that were nothing short of terrific. As CEO Carl Bass said during the earnings call, “After navigating through the biggest economic downturn in Autodesk history, we're now experiencing a healthy recovery and achieving record...
ANSYS reports, investors happy
ANSYS reported results today for the fourth quarter and fiscal 2010 that are middling from a growth perspective, but handily beat profit expectations, leading happy investors to raise the share price nearly 4% in pre-market trading.Total revenue in Q4 was $167...
Autodesk adds CFdesign to its quiver
Big news: Autodesk announced that it has signed a definitive agreement to acquire Blue Ridge Numerics, Inc., maker of the CFdesign computational fluid dynamics software, for approximately $39 million in cash. The transaction is subject to customary closing conditions...
Nemetschek “Back on Track”
Nemetschek, one of Europe’s largest suppliers of solutions for architects and the building industry, reported today that revenue in 2010 grew by 10% to €150 million. This returns the company to 2008 levels -- and the outlook is good, meaning that Nemetschek, at least,...
DS announces banner 2010, cautious for 2011
2010 was a big year for Dassault Systèmes as it tightened control on its distribution network by buying IBM PLM, closing the biggest acquisition in DS’ history. Did this distract management? Lead to complications in merging sales teams and assigning territories and...
Rand + Avatech showing results
Rand Worldwide, created by the reverse merger of Rand and Avatech, today announced results for the second quarter of its fiscal 2011. Rand’s published comparisons are between the merged entity for the period ended December 31, 2010 and Rand-alone for the period ended...
More good news: Tekla, CENIT
A Bank of America Merrill Lynch report arrived in my inbox this morning with the title “Do earnings never end” -- how true. Here are two quick notes on today’s announcements to keep you up-to-date while I finish going over the results reported by Dassault Systemes on...
AspenTech gains momentum
Aspen Technology on Tuesday announced 2FQ11 results showing that its transition from a perpetual to subscription model continues to gain momentum. AspenTech's total revenue of $50 million up 17% over last year, including a 983% (no typo: 983%) increase in subscription...
Cimatron: 2010 was a very good year
Cimatron, provider of the CimatronE and GibbsCAM solutions for mold and die design, milling and other machining solutions, today announced its highest-ever quarterly and annual revenue. Revenue for the fourth quarter of 2010 was up 13% from Q4 2009 to $11 million,...
MuM’s the (good) word
Last week German reseller Mensch und Maschine (MuM) disclosed preliminary results for 2010 that showed strong growth in revenue and operating profit for the fourth quarter and for the year as a whole. For the year, total sales were up up 19% to €195 million while Q4...
SGI blows by expectations
My morning news troll turned up the fact that shares of SGI, maker of servers and data storage hardware, are up nearly 20% in pre-opening trading. Why? Because SGI reported results yesterday that are making traders giddy: SGI believes it is benefitting from an upswing...
AVEVA says all OK
Plant and marine design software supplier AVEVA Group on Friday issued an Interim Trading update in which it said that business from November through January continues more or less to plan, leading the company’s board to “remains confident of a successful outturn for...
PTC reports an Optima Q1
(Sorry. The Optima is a model of Kia automobile. Bad pun, I know, but hard to resist.) PTC is usually the first PLM company to report results and is therefore seen as a bit of the canary in a coal mine (send in the canary; if it dies, there’s not enough oxygen for...
