ESI: SaaS before that was even a thing

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...
ESI: SaaS before that was even a thing

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,...
ESI: SaaS before that was even a thing

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...
ESI: SaaS before that was even a thing

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...
ESI: SaaS before that was even a thing

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...
ESI: SaaS before that was even a thing

Earnings-apalooza! SAP, DS, PTC, AspenTech today

SAP and DS have already reported, PTC and AspenTech report later this afternoon. More on each when time allows, but so far (at 8:45AM ET), we’ve learned: Dassault Systèmes’ Q1 2019 non-IFRS revenue was up 13% in constant currencies (cc) and up 8% on a cc...
ESI: SaaS before that was even a thing

Quickie: ESI’s revenue up 3% in fiscal 2019

ESI just reported revenue for the quarter and year ended 31 January — and the news is good: Total revenue for the year was €139 million, up 3% as reported (up 4% in constant currencies, cc) For the year, license revenue was €110 million, up 4% as reported and...
ESI: SaaS before that was even a thing

DS’ 2018 sets the stage for expansion in 2019

Dassault Systèmes announced results for Q4 and fiscal 2018 just as I was boarding a plane earlier this month, and I only had time to post a very quick recap of the highlights as I saw them then. This week brings us earnings from ANSYS (tonight/tomorrow morning), as...
ESI: SaaS before that was even a thing

AVEVA cruises along, positive about FY2019

Schneider Electric announced results today, which means that we have a hint about how things are going at AVEVA. AVEVA says that it “delivered low double-digit revenue growth in the first nine months of the financial year”, meaning the period ended...