ESI momentum may finally be building: H1 revenue up 6%

ESI momentum may finally be building: H1 revenue up 6%

ESI momentum may finally be building: H1 revenue up 6% ESI Group today reported results for the second quarter and half year ending on June 30th. The details, then some comments: Revenue for the first six months of 2022 was €84 million, up 6% as reported and up 4% at...
ESI momentum may finally be building: H1 revenue up 6%

Siemens DI software revenue up 14%, again led by EDA

Siemens DI software revenue up 14%, again led by EDA Siemens today reported decent results for its fiscal third quarter even with the stresses in component supply chains and the European energy markets. The part we care most about, Digital Industries, reported revenue...
ESI momentum may finally be building: H1 revenue up 6%

Bentley reports solid, “straightforward” Q2

Bentley reports solid, “straightforward” Q2 Many signs are positive for AEC companies right now. Public spending on infrastructure is up, there’s a renewed interest in oil and gas exploration and extraction, and we seem to have figured out how to do...
ESI momentum may finally be building: H1 revenue up 6%

Altair revenue up 11% in Q2 on strength in CAE

Altair revenue up 11% in Q2 on strength in CAE Altair last night announced results for Q2 2022 — and exceeded expectations in just about all revenue categories. The details: Total Q2 revenue was $133 million, up 11% as reported and up 16% in constant currencies,...
ESI momentum may finally be building: H1 revenue up 6%

ANSYS Q2 beats expectations, raises annual guidance

ANSYS Q2 beats expectations, raises annual guidance Ansys last night reported Q2 GAAP revenue of $474 million, up 6% as reported and up 12% in constant currencies (cc) — and handily ahead of expectations. The details: Within total revenue, Subscription and lease...
ESI momentum may finally be building: H1 revenue up 6%

AVEVA’s CQ2 revenue down/flat cc but ARR up

AVEVA’s CQ2 revenue down/flat cc but ARR up AVEVA released one of its quick-and-cryptic investor communications this morning. It said revenue in the June quarter declined at “a mid-single digit rate … on a constant currency basis” but was...