Altair’s Q1 revenue up 13% on software strength
The good news keeps rolling, as Altair reported Q1 revenue of $128 million, up 13% and around $2 million ahead of expectations. CEO Jim Scapa said that the guidance beat was powered by software product sales -- not surprising, given the portfolio buildout and recent...
Hexagon reports OK Q1 with signs of improvement; pleased with MSC!
It's a busy day, so let's get right to it: Hexagon reported Q1 revenue of €917 million, up 10% as reported and up 4% on an organic, constant currency (occ) basis -- disappointing analysts who had expected slightly higher growth hand revenue. Hexagon doesn't forecast,...
ANSYS’ Q1 again tops forecasts. A lot.
I posted a quick update about ANSYS's Q1 results right after they were announced yesterday and managed to leave out one important item: an acquisition. So let's start there and then dive into more earnings detail. ANSYS continues to built out its offering for the...
More earnings-apalooza: ANSYS, Trimble and FARO
Sorry - no unifying theme for this afternoon's earnings announcements from ANSYS, Trimble and FARO. ANSYS is the CAE powerhouse; Trimble makes design, measurement and other software used in the construction, mining, trucking and similar industries. Both provide...
Nemetschek & RIB report strong Q1, PLMish continues its roll
Nemetschek and RIB continued the PLMish roll this earnings season, with both companies reporting stellar growth in Q1. You may recall that Nemetschek started out as the provider of building information (BIM) solutions Allplan and Graphisoft, but has recently been...
MuM is “completely satisfied” with Q1
-- and that's a good thing for Autodesk, too. Mensch und Maschine said today that it had "a fantastic start to fiscal year 2019", with revenue up for in proprietary software business, its new SOFiSTiK acquisition and its Autodesk reseller business. Total revenue was...
Earnings-apalooza, part 2: PTC and AspenTech
This morning started strong, with news from SAP and Dassault Systèmes announcing nice revenue growth, highlighting customer adoption of their newer offerings. I'll have more on those later, but here's a quick snapshot fo the highlights. Now we're hearing from PTC and...
Earnings-apalooza! SAP, DS, PTC, AspenTech today
SAP and DS have already reported, PTC and AspenTech report later this afternoon. More on each when time allows, but so far (at 8:45AM ET), we've learned: Dassault Systèmes' Q1 2019 non-IFRS revenue was up 13% in constant currencies (cc) and up 8% on a cc organic basis...
AVEVA says full steam ahead
AVEVA issued one of its periodic trading updates -- they don't really say much but seem to be required to coincide with parent company Schneider Electric's earnings releases. Schneider Electric is on a December year-end, quarterly pattern while AVEVA reports...
Helping to rebuild Notre Dame
If you're like me, you wanted to tune out the destruction of Paris' Cathedral of Notre Dame yesterday, but just couldn't. It's a place of spiritual significance to many, an iconic Paris tourist destination to others. To me, it's also a marvel of engineering and...