Quickie: Hexagon’s Q3 dragged down by electronics woes

Quickie: Hexagon’s Q3 dragged down by electronics woes

Hexagon Hexagon just reported results for the third quarter — and they’re not awesome: Total revenue was up 1% as reported to €956 million but down 3% in constant currencies/on an organic basis (cco). That’s about 1% slower growth than expected,...
Quickie: Hexagon’s Q3 dragged down by electronics woes

ESI’s first half shows progress

ESI’s first half shows progress ESI Group, the French CAE company, last week reported results for the quarter and half-year ended 31 July. For the half, revenue was up 3% as reported and up 0.4% in constant currencies (cc) to €55 million; for the quarter, total...
Quickie: Hexagon’s Q3 dragged down by electronics woes

Altair’s Q2 solid, Q3? Hmmm

Altair has had a rough time since announcing their Q2 results earlier this month, with the stock down 10% since the news hit the wires. Why? Investors were seemed OK with the Q2 report but were underwhelmed by the company’s guidance for Q3 and the year as a...
Quickie: Hexagon’s Q3 dragged down by electronics woes

ANSYS hit Q2 out of the park

One giant deal, several large deals and new accounting rules helped ANSYS report a Q2 that knocked most metrics out of the park**. Details are below, but the main takeaway, for me, of ANSYS’ Q2 is this: being a one-stop shop matters. Having the ability to...
Quickie: Hexagon’s Q3 dragged down by electronics woes

Hexagon’s Q2 dragged down by troubles in China

Hexagon last week reported Q2 results that expanded on their preannouncement earlier in July. Weakness in China led to an overall revenue decline of 1% on an organic basis — though the company reports that revenue from China declined 25%, so clearly grew nicely...
Quickie: Hexagon’s Q3 dragged down by electronics woes

Nemetschek’s Q2 strong, slows slightly from Q1

Nemetschek announced today that Q2 revenue was up 15% on an organic basis and 21% overall to €138 million. That’s very, very good but investors will likely focus on the fact that Q1 growth was 27% as reported (23% cc) and 21% on an organic basis. The details:...
DS rocked Q2 but isn’t building a supersonic car. Bummer.

DS rocked Q2 but isn’t building a supersonic car. Bummer.

I am still plowing through Dassault Systèmes’ materials about its second quarter, so may write an update later but here are first impressions: Q2 was good, really good, with non-IFRS revenue of €965 million, up 16% as reported, up 13% in constant currencies (cc)...