Nemetschek’s Q2 strong, slows slightly from Q1

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)...
Nemetschek’s Q2 strong, slows slightly from Q1

MuM revises growth forecast upward — what slowdown?

PLMish earnings season starts today, as Germany’s Mensch und Maschine (MuM) reports how its own software and the Autodesk VAR businesses performed in the second quarter. We’ve already heard from Hexagon and SAP that China and greater Asia, respectively,...
Nemetschek’s Q2 strong, slows slightly from Q1

Hexagon preannounces, cites weakness in China

And so it begins. Hexagon announced today that “the impact of increased geopolitical uncertainties on global trade, especially within the electronics business of the Manufacturing Intelligence” (MI) leads Hexagon to believe total revenue for the June...
Nemetschek’s Q2 strong, slows slightly from Q1

Autodesk’s FQ1 was led by AEC, up 37%

Autodesk last Thursday announced results for its fiscal first quarter. Were they trying to go under the news radar just before the Memorial Day holiday? (Am I really that cynical?) I dunno but the share price fell 9% at one point, and was down 5% before the stock...
Nemetschek’s Q2 strong, slows slightly from Q1

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...
Nemetschek’s Q2 strong, slows slightly from Q1

ESI: SaaS before that was even a thing

ESI just announced results for the first three months of its 2019 financial year and they were, aside from Services, pretty good. Remember that Q1 is usually ESI’s weakest quarter, it’s hard to grow a subscription business, and that the company is...