Quickies: PTC & FARO disappoint, AspenTech upbeat

Quickies: PTC & FARO disappoint, AspenTech upbeat

A huge day in engineering IT earnings, as PTC and FARO explain their miss to investors while AspenTech and Trimble issue earnings reports. A very quick headline on each and then I dash to the airport — more to come. PTC reported last night that revenue for its...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Quickies: Earnings good to tepid so far

We’re still recovering from hurricane Sandy here in New England. Schools are open as are most roads, but a lot of people are still without power and assessing damage. It could have been a lot worse, so we’re grateful. It’s interesting that the New...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Quick update: DS beats expectations in Q3

Dassault Systèmes announced results today that beat expectations on many fronts. I’m at the PLM Innovation Americas conference so will have to get the conference call replays when I can, but here’s a quick update: total revenue was €499.5 million as...
Quickies: PTC & FARO disappoint, AspenTech upbeat

SAP closes Ariba deal, focuses on cloud

SAP announced earlier today that it was raising its full-year revenue target as a result of strong software sales of its own products and with an extra boost from its acquisition of Ariba, which closed on October 1. All executives on the earnings call said that the...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Ready, Set, Go! MuM revenue, profit up

Hope your seat belt is buckled, because we’re off to a fast start with earnings for the quarter that ended September 30. Today we heard from Mensch und Maschine; later in the week SAP, Dassault Systemes, 3D Systems, Cybernet Systems and Hexagon tell us what...
Quickies: PTC & FARO disappoint, AspenTech upbeat

AVEVA’s H1 showed “good progress”

AVEVA today gave a quick update on results for its most recent six-month period: the company made “good progress” in the period ended September 30, 2012. As has been the case recently, the oil and gas vertical drove sales in the company’s Engineering...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Rand: new business area “exhilarating”

A couple of weeks ago, Rand Worldwide reported results for its fiscal fourth quarter and for the year ended June 30, 2012. FQ4 revenue was $22.6 million, down 3% from last year, with net income of $5.3 million. For the year, revenue was $89.4 million, essentially flat...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Autodesk grew 4% in FQ2, accelerating to the cloud

First things first, everybody: Breathe. Now do it again. Yes, Autodesk’s FQ2 results weren’t full of awesome goodness, but they weren’t horrible. Like PTC’s “pothole” earlier this year, yesterday’s announcement serves as a...
Quickies: PTC & FARO disappoint, AspenTech upbeat

AspenTech revenue up 23% in F12

AspenTech, maker of aspenONE for chemical process and plant optimization, yesterday announced that fourth quarter revenue was $64 million, up 22% from a year ago, leading to total revenue for fiscal 2012 of $243 million, up 23% over last year. Mark Fusco, CEO, said...
Quickies: PTC & FARO disappoint, AspenTech upbeat

Hexagon on track to hit €3.5B by 2015

For a company that very few people have heard of, Hexagon is doing quite well. Its engineering-related brands include Leica Geosystems, Intergraph, CADWorx and its customers include process plants operators, EPCs, surveyors, NASA, auto makers and aircraft...