AVEVA starts spending

Just last week AVEVA announced results and a dividend that left it with plenty of cash to spend on building out its offerings and sales/support capacity. Today the company formally announced that the spree is underway, announcing two acquisitions.The first will extend...

AVEVA optimistic, looking to spend

AVEVA today gave a lot of additional color on its results for the year ended March 31, 2010. Some of the news was good (strength in recurring revenue and in the Americas), some not-so-good (overall revenue decline of 10%) and some downright tantalizing. Read on...

ANSYS reports 17% growth in Q1, raises guidance

ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...

ESI ready for economic rebound

ESI Group last week gave more details on its financial performance for the year ended January 31. In March, we learned that total revenue for the year was €75.1 million, up 7% as reported or up nearly 4% in constant currencies. Almost all of the net increase came from...

Building the snowball: DS sees Q1 as “defining”

Every so often a CEO says something on an earnings call that’s too good not to repeat. Bernard Charlès, CEO of Dassault Systèmes said on the call held for European analysts (and available online) that software revenue was up only 3% in Q1 because DS still needs to...

Better economy, PLM priority lead to PTC’s growth

Earnings season begins today for the engineering software space (although AVEVA did hint at its results two weeks ago), with PTC announcing March quarter revenue slightly below expectations at $240.6 million, but still up 7% from last year. The company also adjusted...

AVEVA shareholders not impressed

AVEVA today announced that the company made “good progress during a challenging year” as a resilient oil and gas market helped to offset weaker demand in its marine market. The company now expects that “full year results will be marginally ahead of current consensus...

ESI Group sales up 7% for 2009

ESI Group reported results yesterday for the year ended January 31 — and investors like. A lot. ESI’s share price is up over 7% at mid-day trading in Paris. The details: • Total revenue for the year was €75.1 million, up 7.1% as reported or nearly 4% in constant...

Smaller vendors matter too

We get so caught up in the earnings releases of the major PLM vendors that we forget that other companies in the PLM universe also release information, much of it more closely tied to specific geographies or subsegments. Their results help round out the picture of the...

ANSYS Q4 beats but more cautious about 2010

ANSYS reported mixed results today: on the one hand, the company reported Q4 revenue of $150.4 million, handily beating the projected $136 million to $142 million and sweeping it to a 2009 revenue total of $517 million, up 8%. It should be noted that this includes...