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...
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:...
PTC’s FQ3 was OKish but weak bookings make investors unhappy
After what looked like a blockbuster LiveWorx last month, with buoyant customer use cases and technology roadmaps galore, PTC yesterday announced results that felt … flat. Some of the details (see them all here), using ASC 605 accounting because that enables us...
AVEVA says it saw high single/low double digit growth in the June quarter
AVEVA today issued a trading update, to keep pace with parent company Schneider Electric’s fiscal second quarter results announcement. AVEVA said that it had a “good start to the financial year”, with”high single digit revenue growth on a...
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)...
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,...
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...
Bentley’s 2019 corporate update: again no drama, solid growth
Bentley’s spring business update call turned out to be an interesting view into the company and its products — but we learned few new details about how the company is doing. A couple of weeks ago, Bentley released its “annual report”, the key...
