ESI reports currency helped license growth in April quarter

ESI Group reported preliminary results for the quarter ended April 30 that included surprising news: license revenue was up 3% as reported, helped by favorable exchange rates. Update:On a constant currency organic basis, license revenue dropped 6.3% in the period.The...

AVEVA shares surge on profit

AVEVA Group plc on Tuesday reported significantly higher profits for fiscal 2009 (ended March 31) as growth across most regions and product areas helped the company to a 29% increase in revenue over last year. Both revenue and profit were slightly better than...

Autodesk slightly exceeds (depressing) expectations

All day the news dribbled in: Credit Suisse cuts its estimate for Autodesk’s 2010 revenue to$1.684 billion from $1.713 Billion; Bank of America/Merrill Lynch thought that the "focuscould shift from [operating expenditure] cuts to revenue growth" and...

Updated: MSC interim CEO definitely in charge

MSC Software announced this afternoon that its results were within guidance and that it is seeing the same declines in new license revenue shown by other PLM suppliers. MSC reported total revenue for the first quarter to $53.6 million, down 12% from last year, led by...

Trip Report: Arizona in April

– is lovely. Stark brown scrubby hills surrounding the city of Phoenix — which stretches onforever. I will definitely go back to climb some of those hills someday, if I can convincemyself that the scorpions and rattlers are more afraid of me than I of...

Intel thinks we’ve bottomed out

Earnings season is slowly starting. No, Intel is not a PLM company, but it is an importantindicator of global demand. Intel today reported first quarter revenue of $7.1 billion, operatingincome of $670 million and net income of $647 million. The net is far higher than...

AVEVA acquires instrumentation product IDO

AVEVA has announced the acquisition of iDesignOffice Pty Ltd, the Australian creator ofInstrumentation Design Office (IDO). IDO is a set of applications for creating and maintaininginstrumentation engineering data for process plants. IDO will be renamed...

CD-adapco sales up 22% last year – and so far this year

We’re not quite done with earnings announcements, it appears. And maybe 2009 won’t bethe disaster everyone forecasts. CD-adapco President Steve MacDonald said the followingat the company’s annual European user conference:“In the midst of constant...