Why do companies preannounce?
A couple of readers have emailed and tweeted to ask: Why does a company like PTC rush to announce bad news? After all, they reason, releasing the news now or later doesn’t change the ultimate outcome: PTC’s results are what they are, the stock price probably would...
PTC hits a “substantial pothole”
I go away for a few days, and what happens? PTC starts earnings season off very early with a bit of bad news. It’s nothing fatal, and not even all that remarkable a shortfall but even so, the company’s shares fell as much as 23% on the news. Basically, a large deal in...
MuM’s 2011 shows a VAR in transition
Mensch und Maschine last week gave formal, final results for 2011 that confirmed its earlier disclosure and provides more details -- but the big takeaway is that MuM’s new strategy appears to be working. Over the last 18 months or so, MuM has sold off much of its...
CD-adapco: Bikes, cars and so much more
Did you know that the weight of a bicycle becomes relevant only when the grade of the road you're riding on is 8% or higher? The bike's aerodynamics come into play on flats, uphills and downhills and, it turns out, have a significantly greater impact on a cyclist's...
Nemetschek bullish on 2012
Nemetschek, the German provider of AEC tools including the Allplan and Graphisoft brands, published final results for 2011 that were in line with earlier figures. As anticipated, revenue grew 10% in 2011 to €164 million. Growth and profitability were driven by...
ESI: 2011 shows strong growth in base
ESI Group, with a fiscal year ending January 31, 2012, reported total revenue of €94 million, an increase of 12% over last year as its large automotive and aerospace clients ramped up spending. CEO Alain de Rouvray said, “Faced with substantial competitive pressure...
Delcam sees record revenue, profit in 2011
Sorry for the quiet -- I’ve been traveling a lot over the last few weeks, and you’ll hear about some of that in coming posts. But in the meantime, let’s catch up on recent financial news. First up, Delcam reported more extensively on its performance in 2011. Delcam,...
Autodesk PLM 360: Insanely configurable?
I've spent the last few days playing around with Autodesk's new PLM 360 offering. I'm an engineer and have been around CAD, PDM, PLM and the like for 30 years - but no one should think of me as a PLM implementation expert. I also don't have to configure anything for a...
Bentley says economy on track
Bentley Systems today held a conference call to update analysts and journalists on its progress in 2011 and offer outlook for 2012. The company did this for the first time last year to satisfy credit ratings agencies but, I think, also wants to also put its strength...
Quickies: CENIT, Delcam & Rand
Still trying to catch up! Here are a few news items from the overflowing inbox: CENIT announced preliminary results for 2011 that show total revenue up 16% to €108 million. Detailed results will be out on April 16. CENIT resells Dassault Systèmes’ PLM offering as well...