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...

MuM’s 2011 shows a VAR in transition

Mensch und Maschine last week gave formal, final results for 2011 that confirmed its earlier disclosure and provides more details — but the big takeaway is that MuM’s new strategy appears to be working. Over the last 18 months or so, MuM has sold off much of its...

ESI: 2011 shows strong growth in base

ESI Group, with a fiscal year ending January 31, 2012, reported total revenue of €94 million, an increase of 12% over last year as its large automotive and aerospace clients ramped up spending. CEO Alain de Rouvray said, “Faced with substantial competitive pressure...

Delcam sees record revenue, profit in 2011

Sorry for the quiet — I’ve been traveling a lot over the last few weeks, and you’ll hear about some of that in coming posts. But in the meantime, let’s catch up on recent financial news. First up, Delcam reported more extensively on its performance in 2011....

Bentley says economy on track

Bentley Systems today held a conference call to update analysts and journalists on its progress in 2011 and offer outlook for 2012. The company did this for the first time last year to satisfy credit ratings agencies but, I think, also wants to also put its strength...

Quickies: CENIT, Delcam & Rand

Still trying to catch up! Here are a few news items from the overflowing inbox: CENIT announced preliminary results for 2011 that show total revenue up 16% to €108 million. Detailed results will be out on April 16. CENIT resells Dassault Systèmes’ PLM offering as well...

Quickies: AspenTech, Cimatron, Comet & MuM

Trying to keep up with the news flow isn’t easy this week! Here are a few tidbits that might have escaped your notice: Aspen Tech has acquired SolidSim Engineering GmbH, a provider of solids process modeling software. It’s a natural combination, since a lot of...

Mentor Graphics hits a billion

Mentor reported that revenue was up 4% $320 million for FQ4 ended January 31, 2011. For the quarter, systems and software revenue was up just 2%, while service and support revenue was up 10% to $100 million. For the year, the company reported revenue of $1,015...

Autodesk: MFG reports record; is AEC back?

Autodesk reported results last week for the fourth quarter and full year ended January 31, 2011 that pretty much blew past expectations and continued the strong trends seen over the last several quarters, albeit with a bit of deceleration in many of the individual...