Autodesk’s Q1 beats expectations, sets up for strong fiscal 2023
You know me: cynical. When I saw that Autodesk had scheduled its earnings release for the Thursday before Memorial Day weekend, in a year that's reputed to be "revenge vacation"-heavy, I expected bad news. After all, if it's good news, you want people paying...
Sandvik lays out CAM ambitions
I am seriously behind on posting earnings writeups but for now, know that most companies reported good results for the March quarter and that our corner of the IT vendor space has little exposure to Russia and Belarus, so won't see a significant revenue decline due to...
Digital transformation? Let’s talk.
I was at Autodesk’s Accelerate conference in New Orleans earlier this week. Many great speakers talked about how they are adapting to the realities they find themselves in—demanding customers, changing supply chains, squeezed timelines — and, oh, the complexities of...
MakerBot and Ultimaker to merge, secure $60 million investment
Remember when we were all going to have 3D printers at home, making replacement knobs for our stoves, printing toys for kids, and doodads for our offices? Not so much. That never took off for many reasons (cost, where do we get those printing instructions?, fumes ...)...
Quickie: Ansys acquires MDL & its Motor-CAD
Ansys just announced that it has acquired Motor Design Limited (MDL) Motor-CAD to "strengthen Ansys' Electronics portfolio, enabling customers to design more efficient electric machines and apply them to more applications". The companies had been distribution partners...
PTC closes Codebeamer deal, reports solid FQ2
PTC just announced that it has closed its acquisition of Intland Software and its Codebeamer. And that reminds me that I never did publish a note on PTC's earnings last week -- which were very positive. First, Codebeamer, then earnings. PTC says today that Codebeamer...
Quickie: DS Q1 revenue up 13%, ups year to 10% to 11% growth
Dassault Systèmes announced Q1 results this morning -- they were very, very good, and caused the company to raise its targets for the full fiscal year. More when there's time, but here ar the Total revenue in Q1 was up 13% as reported (up 8% in constant currencies) to...
AVEVA has big Q4 but subs transition to slow F23 before picking up steam
AVEVA today gave a more extensive-than-usual financial update on fiscal 2022, the year ended March 31. We'll get the full earnings release in early June, but the company disclosed today that overall revenue was up 7% in fiscal 2022, with Q4 revenue up 18% in Q4 due to...
Cadence still very happy with CAE offerings
Last night Cadence announced results for the first fiscal quarter of 2022; you can read about them in much more detail here -- they were overall very good and the company increased just about all forecasts for 2022. I'm most interested in hearing the company's...
Quickie: SAP Q1 revenue up but so are costs related to Russia and Ukraine
Last week, Sandvik and Mensch und Maschine said that the effects of the war in Ukraine hadn't really amounted to much as of March 30 -- makes sense, since that was the first month of conflict, with sanctions just put into place. SAP's earnings release on Friday...