PTC: FQ3 challenging with pockets of strength

PTC: FQ3 challenging with pockets of strength

Earlier this evening, PTC  reported fiscal third quarter (ended June 30) results that were at the bottom end of expectations — but the headline is that the company sees a tough economic outlook and decided to lower its Q4 forecast. Again. CEO Jim Heppelmann said...
PTC: FQ3 challenging with pockets of strength

MuM says slow Q2, but demand picking up

A few weeks ago, AVEVA teased that it had seen “good” conditions in the market for its engineering and enterprise solutions, but without giving any numbers. European company Mensch und Maschine (MuM) today painted a slightly different picture,...
PTC: FQ3 challenging with pockets of strength

AVEVA kicks off earnings in high style

AVEVA announced yesterday that the June quarter was a “good start” to its fiscal 2014; happy investors sent its share price up 14% for the day. These interim announcements don’t include many actual numbers, so AVEVA uses qualifiers to describe...
PTC: FQ3 challenging with pockets of strength

Exa’s Q1 is back on track

Exa Corporation just announced results for its first quarter of fiscal 2014, which ended April 30, 2013. CEO Steve Remondi said that “revenue for the quarter was at the high end of our guidance, increasing 11%, or 14% on a constant currency basis, from a year...
PTC: FQ3 challenging with pockets of strength

Earnings update, AEC edition — a mixed bag

This earnings season has been incredibly busy and I have fallen far, far behind in summarizing the highlights. To try to catch up a bit, I’ll be grouping these companies by general product category for you, since that’s so much more useful than chronologically by...
Earnings update, 3D printer edition — looks good!

Earnings update, 3D printer edition — looks good!

This earnings season has been incredibly busy and I have fallen far, far behind in summarizing the highlights. To try to catch up a bit, I’ll be grouping these companies by general product category for you, since that’s so much more useful than...
PTC: FQ3 challenging with pockets of strength

ANSYS beats some expectations, lowers others

ANSYS is in a no-win situation: reporting the best first-quarter revenue in its history, within its guidance for the first quarter but lower than some financial analysts had expected. Too, like many other tech companies, ANSYS lowered its revenue forecast for the rest...
PTC: FQ3 challenging with pockets of strength

Quickies: Uncertain economy drags down March quarter

It’s a busy week for earnings reports from engineering software companies. While I work on longer-form reports, here are a few quotes from my notes. Note that these are not 100% representative of the company’s March quarter reports — in other words,...