ANSYS’ good Q1 disappoints investors

ANSYS reported results yesterday that were actually quite good, yet the company’s stock price went down 10% for the day and is down another 2% as of the opening of the markets today. CEO Jim Cashman was his usual upbeat self on the earnings call, most analysts seemed...

AspenTech CEO: “A year ahead of plan” in Q3

Aspen Technology’s transition from a perpetual sales model to one based on subscriptions continues. For the quarter ended March 31, AspenTech’s FQ3, total revenue was $61 million, up increased 17% from $52.6 million a year ago. Subscription and software...

Quickies: DDD, Cybernet, ESI, Trimble, oh my

What a day for news! I’ve already blogged about PTC’s March quarter, tweeted a bit about Dassault Systèmes’ interesting announcements (and hope to blog about that tomorrow), but here are a couple of other important things you need to know about: 3D Systems announced...

PTC: Pothole repair underway

PTC today gave more details on its financial performance in the March quarter (its fiscal Q2) and a glimpse into the year ahead. The high points: a positive spin on the revenue miss in FQ1, much more cautious outlook for the rest of the year (but the potential for...

Book review: Bentley Annual Report

Bentley Systems is an unusual company, in that it’s privately held yet gives an annual update on how the business is doing. The company held a conference call last month (blogged about here) and recently published its Annual Report which provides a bit more...

MuM 2012: Off to a strong start

Mensch and Maschine Software (MuM) today reported that preliminary Q1 figures indicate that revenue from its continuing operations were up about 17%, but in total were about half of that recorded in Q1, 2011. Sales from the proprietary software segment, M + M Software...

CENIT & Softech: Mixed pictures

Yesterday was a really busy news day, what with earnings news from AVEVA, CENIT and Softech and the merger of Objet and Stratasys– not to mention trying to write future posts about COFES, Rulestream and CD-adapco’s user conference –and so a couple of items...

AVEVA’s fiscal 2012: “strong finish”

AVEVA today offered a sneak preview of its performance during the September 2011 – March 2012 portion of their fiscal year. Full results will be announced on May 28. The wording of the announcement makes it a bit difficult to parse, with not-particularly-glowing...

Why do companies preannounce?

A couple of readers have emailed and tweeted to ask: Why does a company like PTC rush to announce bad news? After all, they reason, releasing the news now or later doesn’t change the ultimate outcome: PTC’s results are what they are, the stock price probably would...

PTC hits a “substantial pothole”

I go away for a few days, and what happens? PTC starts earnings season off very early with a bit of bad news. It’s nothing fatal, and not even all that remarkable a shortfall but even so, the company’s shares fell as much as 23% on the news. Basically, a large deal in...