ANSYS’s Q1 in-line, but at low end

ANSYS’s Q1 in-line, but at low end

ANSYS reported Q1 results today that were in line with expectations, but at the very low end. Total revenue was up 1% as reported and up 8% in constant currencies — again reflecting the tough climate created by shifting exchange rates. I’m off to...
ANSYS’s Q1 in-line, but at low end

So much news — so little time: ADSK, ANSS, SSYS

Wow – what a day. And it’s not even 9AM! First up, Autodesk says that most new commercial seats of standalone software will be sold via subscription beginning on February 1, 2016. From the company’s perspective, this move creates revenue stability and...
ANSYS’s Q1 in-line, but at low end

ANSYS tunes its channel

(I know. Terrible pun. But it’s a holiday!) ANSYS announced today that it’s launching the ANSYS Elite channel partner program — in essence, ramping up the certification program for partners who want to move beyond “Standard” and into...
ANSYS’s Q1 in-line, but at low end

Get ready! Earnings are starting …

No, we’re not changing our focus to industrials! Yesterday did, however, mark the start of earnings season with Alcoa  announcing that Q2 was far better than expected, which raises the bar for all other earnings releases to come. Alcoa said that revenue for the...
ANSYS’s Q1 in-line, but at low end

ANSYS channel worries, Russia drag down Q1

ANSYS’s announcement that it was buying SpaceClaim took the spotlight off its Q1 earnings, but those deserve a look, too. The company reported Q1 revenue of $215 million, up 9% from a year ago, with software revenue up 6% to $126 million and maintenance and...
ANSYS buys SpaceClaim (finally!)

ANSYS buys SpaceClaim (finally!)

Yes, yes, yes, ANSYS announced Q1 results today and we’ll get to that. What’s really got you buzzing is the second press release out of ANSYS this morning: For those who follow simulation but not CAD, SpaceClaim has ruffled a lot of feathers since 2007 by...
Morning coffee: investor news, China & bees

Morning coffee: investor news, China & bees

Happy Monday! Last week was a big one, with all of the regular news plus International Pi Day and the 25th anniversary of Tim Berners-Lee’s proposal for what we know today as the Internet. Sir Berners-Lee used the occasion to call for an Internet users’...
ANSYS’s Q1 in-line, but at low end

ANSYS hits Q4 targets, but plans to do better

ANSYS keeps rolling along, relying on a mix of products and end-industries to insulate it somewhat from broader macroeconomic winds. The company reported Q4 revenue of $236 million, up 7% from a year ago, with software revenue up 4% to $148 million and maintenance and...