Hexagon preannounces, cites weakness in China

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...
Hexagon preannounces, cites weakness in China

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...
Hexagon preannounces, cites weakness in China

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...
Hexagon preannounces, cites weakness in China

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...
Hexagon preannounces, cites weakness in China

ESI’s 2019 is focused on amplifying what works

You might remember that ESI has a new CEO, Cristel de Rouvray. Since February, Ms. de Rouvray and CFO Olfa Zorgati have been on a listening tour, talking to investors, customers and employees to learn what they think will help drive ESI to new levels of revenue,...
Hexagon preannounces, cites weakness in China

Altair’s Q1 revenue up 13% on software strength

The good news keeps rolling, as Altair reported Q1 revenue of $128 million, up 13% and around $2 million ahead of expectations. CEO Jim Scapa said that the guidance beat was powered by software product sales — not surprising, given the portfolio buildout and...
Hexagon preannounces, cites weakness in China

More earnings-apalooza: ANSYS, Trimble and FARO

Sorry – no unifying theme for this afternoon’s earnings announcements from ANSYS, Trimble and FARO. ANSYS is the CAE powerhouse; Trimble makes design, measurement and other software used in the construction, mining, trucking and similar industries. Both...
Hexagon preannounces, cites weakness in China

Earnings-apalooza, part 2: PTC and AspenTech

This morning started strong, with news from SAP and Dassault Systèmes announcing nice revenue growth, highlighting customer adoption of their newer offerings. I’ll have more on those later, but here’s a quick snapshot fo the highlights. Now we’re...