CENIT: good Q1, cautious about year
CENIT, the Germany-based reseller and developer of PLM solutions, announced results yesterday for Q1. Like many in the engineering software space, it saw “clear growth” over 2010, continuing the upward trend that started in the latter half of last year. In fact, in...
Hexagon says 2011 off to good start
Hexagon AB today reported an 18% increase in organic revenue but a 77% increase when including last year’s Intergraph acquisition -- which led to a near-doubling of reported earnings before taxes. Hexagon is a complicated business that, in the last year alone,...
Trimble intends to acquire Tekla
Trimble Navigation today announced that it was launching an effort to acquire all outstanding shares of Tekla Corporation. The offer as stated today is for €15.00 per share in cash for a total of €337 million (about $489 million). This is a premium of 52% to Friday’s...
Tekla revenue up 23% in Q1
Tekla, a supplier of AEC software solutions, today announced solid revenue growth in the first quarter -- and then Trimble, a supplier of navigation and surveying solutions, announced that it was interested in acquiring Tekla.First, Tekla’s results; Total revenue for...
ANSYS: Growth amid global turmoil
ANSYS this morning announced that first quarter revenue was up 16% over last year and “was spread across all major geographic regions and among a broad array of industries”. On a GAAP basis, net income and diluted earnings per share increased 31% and 29%, respectively...
AspenTech on track for 2011
Good earnings news continues to roll out in the world of engineering software. Yesterday, Aspen Technology announced fiscal third quarter results that show continued acceptance of the new license model for its aspenONE product suite even as the global economic...
M+M Q1 on target, too
Mensch und Maschine Software (M+M) announced Q1 results today that show that its diversification strategy is working: building up a VAR channel and focusing on the “value add” component is paying off. First quarter revenue was up 14% to €59 million, as all parts of...
Nemetschek’s Q1 on target
Nemetschek AG reported today that revenue grew 10% in the March quarter to €39 million, aided by a 15% increase in maintenance revenue (to €18 million). License revenue grew 7% to €19 million. Said CEO Ernst Homolka, “The new fiscal year has started well. The...
News bits: SAP and ESI
Earnings season is in full spate, which makes it hard to keep up with all of the news coming out of the vendor community. Here are a couple you may have missed: SAP AG SAP confounded investors on Thursday with results that were below expectations for the first...
PTC surprised by CAD growth
As noted yesterday, PTC reported reported second fiscal quarter revenue of $269 million, up 23% from a year ago, driven in large part by growth in the enterprise CAD business. Net income more than doubled from last year’s Q2, at $19 million or $0.16 per share. There's...