Altair beats Q2 forecasts and raises 2021 guidance

Altair beats Q2 forecasts and raises 2021 guidance

Aug 9, 2021 | Hot Topics

Altair reported results last week — and like others in our PLMish universe, they were better than expected. The details: Total revenue in Q2 was $120 million, up 22% and $8 million ahead of expectations. Altair doesn’t do the constant currency thing for...
Altair beats Q2 forecasts and raises 2021 guidance

Ansys has a great Q2 and expects the momentum to continue

Aug 5, 2021 | Hot Topics

Ansys reported pretty awesome Q2 results last night, and this morning on its earnings call, said that growth was due to three things: increased optimism among its customers that end-market demand will come back post-pandemic, its own efforts to stay close to those...
Cadence on CAE: delight and opportunity

Cadence on CAE: delight and opportunity

Jun 24, 2021 | Hot Topics

Cadence on CAE: delight and opportunity Over the last few months, Cadence acquired NUMECA for its CFD and Omnis offerings, and Pointwise for its meshing capabilities. These took me by surprise since both are great CAE assets that I had no idea a Cadence would be...
Gamma Technologies acquires to add power converter tech to GT-SUITE

Ansys acquires Phoenix Integration & its ModelCenter

May 17, 2021 | Hot Topics

Ansys acquires Phoenix Integration & its ModelCenter Ansys just announced that it has acquired Phoenix Integration, maker of ModelCenter, a tool used by many who apply the principles of model-based engineering (MBE) and model-based systems engineering (MBSE). The...
Altair beats Q2 forecasts and raises 2021 guidance

ESI turns the corner, back to growth in Q1

May 5, 2021 | Hot Topics

ESI turns the corner, back to growth in Q1 Catching up on more earnings announcements. Last week, ESI Group reported Q1 revenue of €55.5 million, up 1% as reported and up 4% in constant currencies. ESI has been reinventing itself and first issued guidance to investors...
Altair beats Q2 forecasts and raises 2021 guidance

Hexagon continues to improve; Q1 revenue up 10%

May 4, 2021 | Hot Topics

Hexagon continues to improve; Q1 revenue up 10% Hexagon reported results last week that were surprisingly good and that –remember that Hexagon doesn’t itself issue guidance– beat analyst consensus. The details: Total revenue in Q1 was €978 million,...