AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA’s F19 revenue up 12% on reinvention & execution

It’s always hard to pick out one factoid from a company’s earnings release, but I think this one says much about how AVEVA is doing: 13 months after swallowing / being swallowed by the larger Schneider Electric Software (SES), the company reported total...
AVEVA says it saw high single/low double digit growth in the June quarter

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...
Quickie: AVEVA adds asset performance assets

Quickie: AVEVA adds asset performance assets

Super-quick, as I’m about to board a flight: AVEVA has apparently decided its offering (the combined Schneider Electric Software and legacy AVEVA products) had a gap in asset performance management that could only be filled by acquisition. To that end, the...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA cruises along, positive about FY2019

Schneider Electric announced results today, which means that we have a hint about how things are going at AVEVA. AVEVA says that it “delivered low double-digit revenue growth in the first nine months of the financial year”, meaning the period ended...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA’s H1 benefits from solid execution

Q: How do you put together two very different companies, in the hope that 1+1 > 2?A: Very carefully.AVEVA today reported that revenue for the first half of fiscal 2019 were £343 million, up 11% as reported and up 14% in constant currencies (cc). Excluding the boost...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA says H1 went well

Oh so many earnings this week! So far, the news has been mostly positive as customers are buying to plan. PTC continues its march to subscriptions (and caused endless kerfuffles on the earnings call because it’s adopting a new accounting standard). Dassault...
AVEVA says it saw high single/low double digit growth in the June quarter

AVEVA continues to roll, we think

Schneider Electric released earnings this morning which now means that AVEVA also does, sort of. AVEVA says that it “made a solid start to the financial year” and that it “maintains a strong balance sheet and saw good cash generation in the [fiscal]...
AVEVA says it saw high single/low double digit growth in the June quarter

Quickie: Historic AVEVA surged in FY18

AVEVA had an awesome fiscal 2018 (ended March 31). You’ll recall that the AVEVA merged with Schneider Electric Software earlier this year to create a much bigger company with software that reaches from plant design to operations. That combined group reported...