Bentley’s Q1 revenue up 14%, cites SMB progress

Bentley’s Q1 revenue up 14%, cites SMB progress

Bentley’s Q1 revenue up 14%, cites SMB progress Bentley reported results way back on May 11 but I haven’t had time to finish a deeper analysis — so here’s a quick piece on those results and a little bit on what it all means. Even more quickly:...
Procore finally IPOs; valued at $8.5 billion

Procore finally IPOs; valued at $8.5 billion

Procore finally IPOs; valued at $8.5 billion No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at...
Bentley’s Q1 revenue up 14%, cites SMB progress

Nemetschek starts strong, Q1 revenue up 12%cc

Nemetschek starts strong, Q1 revenue up 12%cc The Nemetschek Group recently reported Q1 results that point to a recovery in AEC — and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant...
Bentley’s Q1 revenue up 14%, cites SMB progress

Altair has a great Q1 on the convergence of CAE, HPC & AI

Altair has a great Q1 on the convergence of CAE, HPC & AI Altair CEO Jim Scapa started off the company’s Q1 earnings call by saying that their vision of the “convergence of simulation, HPC [high-performance computing] and AI [artificial intelligence]...
Bentley’s Q1 revenue up 14%, cites SMB progress

ESI turns the corner, back to growth in Q1

ESI turns the corner, back to growth in Q1 Catching up on more earnings announcements. Last week, ESI Group reported Q1 revenue of €55.5 million, up 1% as reported and up 4% in constant currencies. ESI has been reinventing itself and first issued guidance to investors...
Bentley’s Q1 revenue up 14%, cites SMB progress

Hexagon continues to improve; Q1 revenue up 10%

Hexagon continues to improve; Q1 revenue up 10% Hexagon reported results last week that were surprisingly good and that –remember that Hexagon doesn’t itself issue guidance– beat analyst consensus. The details: Total revenue in Q1 was €978 million,...
Bentley’s Q1 revenue up 14%, cites SMB progress

DS’s Q1 beat expectations on mainstream strength

DS’s Q1 beat expectations on mainstream strength Dassault Systèmes reported results for its fiscal first quarter today. There’s a lot to unpack, so let’s get to the details: Total revenue of €1173 million was up 3% as reported and up 9% in constant...