AVEVA’s trading update: all going as planned
AVEVA issued another one of its periodic trading updates last week: In a very brief statement, AVEVA said that it hasn’t seen any change in the business climate since its May report and that the continued strengthening of the British pound continues to drag down...
PTC starts earnings with a warning, deals slipping
PTC last week said that its fiscal third quarter (ended June 30) would be a bit light, as it expects to report GAAP revenue of $303 million, short of its own forecasts and analysts consensus of $310 million and down about 10% from a year ago. Not surprising, then,...
Bentley Systems files preliminary paperwork for an IPO
Not to be all-Bentley-all-the-time, but … this is big news. This morning Bentley Systems announced that it’s filed preliminary documents with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of its class B shares. This...
Bentley Systems at 30 — no slowing down
Who are these handsome young men and women? None other than the founders and first employees of Bentley Systems, the AECO company, taken in 1986 in front of what must have been a very sweet ride: Bentley Systems turned 30 last year, a milestone celebrated in the...
ESI’s new services strategy pays off; Q1 up 20% as reported
ESI yesterday reported that Q1 revenue was up 20% as reported, with a healthy boost from currency effects. Even so, constant currency growth was strong, with license and services revenue each up 10%. The company doesn’t offer much color on its results, but this...
Exa’s Q1 up 7% as reported, up 18% in cc
Exa Corp. just reported that FQ1 revenue was up a strong 7% as reported and up 18% in constant currencies to $14.8 million, right in the middle of the earlier forecast of $14.5 million to $15.1 million and ever so slightly ahead of Wall Street’s consensus. More...
Autodesk’s Q1 revenue up 9%; outlook less rosy
Autodesk just reported Q1 results that are pretty good, but investors are likely to focus on rising costs and a gloomier outlook for the rest of the year. Total revenue in Q1 was $647 million, up 9% as reported and up 13% in constant currencies (cc), just a bit above...
AVEVA F15 meets expectations, not in talks
For those of you who are wondering: AVEVA still hasn’t been acquired. In fact, CEO Richard Longdon told CNBC and told that reporter that “there’s nothing to say” about a possible acquisition and that AVEVA is not talking with Schneider, GE or...
