PTC’s ramp deals: “nothing but goodness” in a solid FQ2
PTC reported results last night that were quite good, though a lot of what interests me (at any rate) is buried inside unhelpful product buckets. When PTC says “CAD” in these earnings announcements, they mean any authoring tool, whether it’s Creo, Onshape, or...
Dassault Systèmes wobbles on license, otherwise good Q1
Dassault Systèmes reported Q1 results this morning — they were decent but some investors were unhappy about the (tiny in € terms) miss in the (tiny) license revenue category. The details: Total revenue increased 8% as reported (7% in constant currencies, cc) to €1,434...
PLMish earnings start strong, with good news from MuM and Sandvik
Two reports start us off this earnings season: Mensch und Maschine, the Autodesk reseller, and Sandvik, the Swedish company buying its way into CAM. First, MuM. Mensch und Maschine Software reported "another best quarter ever in M+M's history" yesterday, with revenue...
From poet Kate Baer: What to Write After Yet Another School Shooting
It's been a ridiculously busy week, but I can’t get the Nashville school shooting off my mind. This, from poet Kate J Baer via https://www.instagram.com/p/CeOfd76uKep/, says what I can't. We'll be back to PLMish news next week, I hope. If you happen to know which of...
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...