Happy Pi Day!
Have I ever told you my butter ruler story? No? Well … In the US, butter typically comes in sticks wrapped in wax paper. The paper usually has the maker's logo, the stick's weight and a magical butter ruler. We (in the US) do things volumetrically, so recipes...
Nano Dimension offers to buy rest of Stratasys
Nano Dimension just announced that it wants to buy the 85% or so of Stratasys shares it doesn't already own for about $1.1 billion. You might remember that Nano Dimension disclosed a 12% stake in Stratasys last July, after which Stratasys' board adopted what some call...
Deal roundup: Extension not reinvention at Bentley, Hexagon, Altair, Nemetschek, and Trimble
There has been so much earnings news --generally good retrospectively with varying degrees of caution looking ahead-- that I've lost sight of one of the significant growth drivers in this PLMish world of ours: acquisitions. So here's a quick recap of recent news, in...
Earnings catch up: Dassault Systèmes reports solid Q4, guides to slow start to 2023
Dassault Systèmes recently reported Q4 2022 revenue of €1,584 million, up 16% as reported and up 10% in constant currencies (cc). Software revenue was €1,429 million, up 15% (up 9% cc). For the year, total revenue was €5,665 million, up 17% (up 9% cc), while software...
Earnings catch up: Siemens reports FQ1, ups DI growth targets
Siemens recently announced upbeat results for its fiscal first quarter — so good, in fact, that the company raised guidance for Digital Industries (DI) and Smart Infrastructure and, as a result, for the group as a whole. Since the PLMish bits are primarily within DI,...
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 was about 2% below expectations. We'll know more...
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 ... it was the mixed bag we're becoming used to. The details:...
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 little part of that universe — let’s recap what we’ve heard so far. While not a PLMish company, what Microsoft says has a...
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 hint escapes and someone buys or sells shares based on that...
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 beaten were those from investment analysts. But these beats...