PLMish earnings are off to a good start with MuM and Cadence reporting strong performance
We’re deep into earnings this week, as Cadence, Dassault Systèmes, Hexagon, Nemetschek, and PTC all report about what happened during the quarter that ended in June. Before that all kicks off, Mensch und Maschine last week gave us a preview of what to expect....
4 on a Thursday: 3D Systems divests, Autodesk talks Upchain roadmap, Luxion gains investor & new CEO, Panasonic buys Blue Yonder
4 on a Thursday: 3D Systems divests, Autodesk talks Upchain roadmap, Luxion gains investor & new CEO, Panasonic buys Blue Yonder So much news, so little time! 3D Systems continues to reinvent itself, announcing this week that it sold off its on-demand... AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated
AVEVA says demand improved in H2, leading to FY2021 pro forma revenue up 2% occ — it’s complicated There’s a lot going on at AVEVA, with the close of the OSIsoft acquisition, the end of a fiscal year, a new CEO, a global pandemic, and the recovery... Bentley’s Q1 revenue up 14%, cites SMB progress
Bentley’s Q1 revenue up 14%, cites SMB progress Bentley reported results way back on May 11 but I haven’t had time to finish a deeper analysis — so here’s a quick piece on those results and a little bit on what it all means. Even more quickly:...
Procore finally IPOs; valued at $8.5 billion
Procore finally IPOs; valued at $8.5 billion No doubt about it: the market for makers of IT solutions targeted at the construction industry is HOT. Procore finally completed its initial public offering yesterday, raising $635 million by selling 9.5 million shares at... Nemetschek starts strong, Q1 revenue up 12%cc
Nemetschek starts strong, Q1 revenue up 12%cc The Nemetschek Group recently reported Q1 results that point to a recovery in AEC — and bodes well for Bentley tomorrow and Autodesk later in the month. The details: Total Q1 revenue was up 8% (up 12% in constant... Altair has a great Q1 on the convergence of CAE, HPC & AI
Altair has a great Q1 on the convergence of CAE, HPC & AI Altair CEO Jim Scapa started off the company’s Q1 earnings call by saying that their vision of the “convergence of simulation, HPC [high-performance computing] and AI [artificial intelligence]... Ansys has a solid Q1 but ACV concerns drag down the stock price
Ansys has a solid Q1 but ACV concerns drag down the stock price Ansys reported Q1 results yesterday that were both good and not-so good –are you seeing a pattern here? PTC and ESI also reported mixed news, with positive Q1 results tamped down by uncertainty... 
