Autodesk beats expectations – by a lot

Aug 13, 2010 | Hot Topics

Autodesk reported second quarter result that were far better than many had expected, sending the shares up 4% in after-hours trading on Wall Street. The company reported revenue of $473 million for the quarter ended July 31 2010, an increase of 14% over last year and...

Autodesk Q2: My $.02

Aug 10, 2010 | Hot Topics

A lot has hit the media in the last few days about what exactly Autodesk will report on Thursday, when it makes public its Q2 2011 results. Its share price has gone up and gone down on the “news”, much of which has been correct, but some … not so much: •...

DS beats in Q2, sees slow Q3

Jul 29, 2010 | Hot Topics

Dassault Systèmes reported total revenue of €386 million on an IFRS basis (think GAAP, but in Europe), up 24% from a year ago on strong software revenue growth of 28%. Favorable exchange rates contributed roughly 6% of growth across the board. IBM’s contributions are...

PTC reports solid Q3, worries about Q4

Jul 28, 2010 | Hot Topics

PTC announced fiscal third quarter results on July 28 that were strong in retrospect but not so hot on futures. FQ3 results were above the revised guidance issued last month: Total revenue was up 7% over last year revenue at $243 million, led by license revenue growth...

MuM sees recovery continuing

Jul 26, 2010 | Hot Topics

Mensch und Machine, one of Autodesk’s largest resellers in Europe, announced second quarter results today that show a continuing economic recovery — slowly but surely. Total sales for the second quarter (ended June 30) were €45.6 million, up 23% from a year ago,...

Highlights from Autodesk’s Investor Day

Jun 24, 2010 | Hot Topics

Update: Autodesk held its annual Investor Day today. The event was 4 hours long, so these are some of the tidbits I found most interesting: • Autodesk says that FQ2 business is good and is raising the bottom end of its second quarter business outlook from revenue of...

Autodesk surprises with a solid FQ1

May 20, 2010 | Hot Topics

Autodesk reported results on Wednesday that continue the trend of positive comparative data for the PLM space. Overall revenue was up $475 million, up 11% from a year ago, blowing away analysts’ estimates of about $435 million.Taken geographically, these results...

Avatech reports “economy improving”

May 17, 2010 | Hot Topics

Avatech Solutions reported results today that show times may be getting better for the vast majority of users of engineering software.This announcement was a few days ahead of Wednesday’s report by Autodesk, and I wonder why there aren’t more people on the call...

Building the snowball: DS sees Q1 as “defining”

Apr 29, 2010 | Hot Topics

Every so often a CEO says something on an earnings call that’s too good not to repeat. Bernard Charlès, CEO of Dassault Systèmes said on the call held for European analysts (and available online) that software revenue was up only 3% in Q1 because DS still needs to...

Better economy, PLM priority lead to PTC’s growth

Apr 28, 2010 | Hot Topics

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...