More good-ish PLMish news, this time from Hexagon
More good-ish PLMish news, this time from Hexagon Hexagon just announced that it will report BETTER results than the market expects for its June-ending quarter. Here’s what they said: Due to higher earnings than market expectations for the second quarter of...
AVEVA enters fiscal 2021 betting on digitalization
AVEVA enters fiscal 2021 betting on digitalization As foreshadowed back in April, AVEVA today reported revenue of £834 million up 9% (and up 7% on an organic, constant currency basis, cc). CEO Craig Hayman and Deputy CEO/CFO James Kidd gave a lot of great, additional...
Stratasys announces a 10% workforce reduction
Stratasys announces a 10% workforce reduction I just put up the post about no PLMish layoffs — and Stratasys puts out a press release that says that it will cut its global workforce by about 10%, mostly before the end of June and all by the end of the summer....
Q1 2020 earnings are done –phew– what did we learn?
Q1 2020 earnings are done –phew– what did we learn? Well, that’s a wrap. All PLMish companies have announced earnings, and it’s time to look back, summarize and look ahead. Writers call that a through-line, finding the theme that unifies a...
Autodesk’s Q1 was decent, hints at stable employment at its customers
Autodesk’s Q1 was decent, hints at stable employment at its customers Autodesk announced its fiscal first quarter (ended April 30, 2020) last night –and, as others have reported, it was a rollercoaster ride. The details: Total revenue for FQ1 was $886...
European AEC software: surprisingly strong Q1
European AEC software: surprisingly strong Q1 Autodesk, the Big Daddy of AEC, reports Q1 results tomorrow so it’s time to play catchup on the earnings of its public competitors. Bentley, the #2 player in AEC, is not saying anything publicly right now because it...
CAE is cautiously optimistic: News from Altair, ANSYS, and ESI
CAE is cautiously optimistic: News from Altair, ANSYS, and ESI The New York Times recently had an article about the language companies are using on their earnings calls, and how it’s different now than in prior periods. Many calls started and ended with CEOs...
Hexagon: “extraordinary times” led to Q1 down 7%, cost-cutting plan
Hexagon: “extraordinary times” led to Q1 down 7%, cost-cutting plan Hexagon reported FQ1 2020 results last week that really reflect the slowdown CEO Ola Rollén noted on his February call about the 2019 results and reinforced with the announcement that the...
