Autodesk’s Q2 signals we may be on the upswing — finally
Autodesk investors are probably a pretty happy bunch today, as last night’s earnings release held mostly good news and offered an upbeat look ahead. One word: bottomed. Second word: Maybe. Some of the details (and many more are here): Total revenue in FQ2 was...
Quickie: Hexagon’s Q2 shows continued weakness in PPM
Hexagon just announced Q2 results that showed modest growth overall and a decent contribution from the recently acquired MSC Software. PPM continues to struggle, but CEO Ola Rollen said in the earnings material that he expects the business to return to growth towards...
Nemetschek’s Q2 shows AEC demand for tech continues to grow
Nemetschek today reported results that show how the AEC world continues to grow into advanced design and engineering solutions — though building operations continues to lag behind the rest of the industry. The company says that continued digitalization, the...
Quickie: PTC’s FQ3 suffers from weakness in Japan
It’s tough to be PTC. Revenue ahead of expectations, license and subscription bookings not so much, “sales execution issues” in Japan … weak guidance for the company’s fiscal Q4 … stock gets hammered. A few of the details — much more...
CAE rumbles on: ANSYS, ESI and Exa earnings recaps
Over the last few weeks, CAE companies have released earnings that highlight the growing importance of CAE technology in many companies’ product development processes, and the impact these technologies are having on the enterprises that use them. First, key...
Quickie: AVEVA still feeling the slump in oil and gas
AVEVA just announced that, as expected, total revenue was up as reported but down in constant currencies, as the British Pound is weakened over Brexit uncertainties. In general, the results seem are due to slumping demand from companies that would normally use...
Autodesk’s FQ1 2018 is a pleasant surprise
Autodesk last night reported results that surprised on many levels, almost all good. Revenue declined 5% year/year as the transition from perpetuals to subs continues, and deferred revenue (the part of the sub payment that will be recognized in the future) was up 18%,...
Hexagon’s Q1: PPM revenue down 11% — are we poised for an uptick?
Hexagon today reported Q1 results that showed that strength in other markets couldn’t offset continued sluggishness in oil and gas. The details: Total revenue of €778 million was up 7% as reported and up 3% in constant currencies and a comparable organizational...
