AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated There’s a lot going on at AVEVA, with the close of the OSIsoft acquisition, the end of a fiscal year, a new CEO, a global pandemic, and the recovery...
Bentley’s Q1 revenue up 14%, cites SMB progress
Bentley’s Q1 revenue up 14%, cites SMB progress Bentley reported results way back on May 11 but I haven’t had time to finish a deeper analysis — so here’s a quick piece on those results and a little bit on what it all means. Even more quickly:...
Procore finally IPOs; valued at $8.5 billion
Procore finally IPOs; valued at $8.5 billion No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at...
Nemetschek starts strong, Q1 revenue up 12%cc
Nemetschek starts strong, Q1 revenue up 12%cc The Nemetschek Group recently reported Q1 results that point to a recovery in AEC — and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant...
Altair has a great Q1 on the convergence of CAE, HPC & AI
Altair has a great Q1 on the convergence of CAE, HPC & AI Altair CEO Jim Scapa started off the company’s Q1 earnings call by saying that their vision of the “convergence of simulation, HPC [high-performance computing] and AI [artificial intelligence]...
Ansys has a solid Q1 but ACV concerns drag down the stock price
Ansys has a solid Q1 but ACV concerns drag down the stock price Ansys reported Q1 results yesterday that were both good and not-so good –are you seeing a pattern here? PTC and ESI also reported mixed news, with positive Q1 results tamped down by uncertainty...
ESI turns the corner, back to growth in Q1
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...
Hexagon continues to improve; Q1 revenue up 10%
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,...
