Hexagon reports flat Q2 2023, looks ahead to economic recovery
Last week, Hexagon reported Q2 total revenue of €1,353 million, flat year/year, amid global weakness in the construction sector and slowing investments in automotive, affecting sales of sensing and robotic systems. Bright spot? Mining in Latin America. The company...
PLMish earnings update: Nemetschek, Cadence, SAP all hold steady
The first real week of PLMish earnings went reasonably well. Dassault Systèmes gave more detail on the disappointing news from a few weeks ago but didn’t fundamentally change anything. Hexagon saw a "challenging demand environment", with overall revenue down 1% to...
Super quick schnitgercorp.com RSS update
Do you still use RSS, Real Simple Syndication? I do -- it's an old-fashioned way of finding out who's written what without going to each blog site. Unfortunately, fewer websites are creating RSS feeds, and so the tools that we used to rely on no longer work (ahem ......
MuM didn’t see problems in Q2; reports record half-year
Mensch und Maschine (MuM) today reported results for the second quarter—and the good news is that it was the strongest H1 in the company's history. Of course, it is not selling megadeals to aerospace and defense companies as Dassault Systemes is, but I’m taking...
DS starts PLMish earnings on a down note
And here we go—it’s the start of the third calendar quarter, which means we’ll hear from the publicly traded PLMish companies about how the second quarter went and what they expect for the rest of 2025. I admit, I didn’t see this one coming since general trends had...
Autodesk’s FQ1 overshadowed by accounting – but it was actually really good
Before we get into it: I titled my last blog about Autodesk’s earnings “Nothing to see here” — meaning, literally, nothing to see here, since Autodesk said its accounting review led them to conclude that nothing needed to be restated in any financial statements it had...
Nemetschek to acquire GoCanvas for over USD700 million
Deal news is flowing fast right now … Today, the Nemetschek Group announced that it will acquire the shares of GoCanvas Holdings, a US-based company that makes field worker collaboration solutions -- so, on a construction site. GoCanvas connects the job site on one...
Tech Soft 3D adds Theorem to its portfolio
Tech Soft 3D just announced that it's buying Theorem Solutions, makers of advanced CAD data translators and publishing tools. I'm most recently aware of their Theorem XR, which builds on their 30 years of repurposing 3D data via translators and publishing tools. At a...
Autodesk: everything is fine; nothing to see here
A quick update since so many of you have asked: On Friday, Autodesk said it had concluded its investigation into free cash flow and operating margin calculations and that there would be no restatement or adjustment of any previously released financial statements. In...
So much news: acquisitions, divestitures, non-deals and an appreciation
Last week, I was in the Cotswolds in England. It was gorgeous; I’ll tell you more about it some other time — but, oh my goodness, the PLMish world kept going! Yes, there’s lots of earnings news, much of which isn’t the most upbeat, but we also have other things to...