PTC says FQ4 at or above expectations, restructures anyway
Hot off the presses from PTC: Basically, PTC says that FQ4 revenue will be at or above the high end of earlier guidance ($340 million to $355 million), and that Axeda will add another $4 million to $5 million in revenue on top of that. Even so, the company last week...
Rand’s FY14 up on all counts, buys back LOTS of shares
Rand Worldwide, one of Autodesk’s largest resellers and a provider of technology solutions in its own right, yesterday announced results for the fiscal year ended June 30, 2014. Total revenue was $92 million, up 11% over the prior year (y/y), led by product...
ESI’s Q2 down due to currency, realignment, deals pushed to Q4
The second report in a few days shows that it’s getting tougher out there. On Friday, AVEVA reported that currency was taking its toll and that its sales force realignment was taking time to prove positive benefit. Yesterday, ESI Group reported that FQ2 2014...
AVEVA’s H1 update = uh oh
AVEVA issues periodic trading updates in between the more formal and detailed announcements every six months. These interim press releases typically don’t say much — but every so often something interesting slips through. This time, the nuggets...
AVEVA kicks off earnings amid takeover rumbles
PLMish results start in earnest this week, as both PTC and Dassault Systèmes talk about their June quarter results. But AVEVA kicked things off in their uniquely British way last week, updating us on how things are going so far in fiscal 2015 — and all seems to...
Get ready! Earnings are starting …
No, we’re not changing our focus to industrials! Yesterday did, however, mark the start of earnings season with Alcoa announcing that Q2 was far better than expected, which raises the bar for all other earnings releases to come. Alcoa said that revenue for the...
ESI’s Q1 down year/year, partly due to planned change in services
ESI Group reported today that fiscal Q1 2014/5 revenue was down 7% to €20.1 million, in part because of the company’s intention focus on high value services engagements that are likely to lead to future license sales. Had services revenue held constant with last...
Exa’s Q1 falls short — but for a good reason
Exa announced Q1 results on Thursday that were good, not great. Revenue was just under $14 million, at the low end of the company’s guidance but still up 10% year/year (y/y). Exa CEO Steve Remondi told investors that a few passenger car and heavy vehicle...
