Quickie: ESI’s revenue up 3% in fiscal 2019

Quickie: ESI’s revenue up 3% in fiscal 2019

ESI just reported revenue for the quarter and year ended 31 January — and the news is good: Total revenue for the year was €139 million, up 3% as reported (up 4% in constant currencies, cc) For the year, license revenue was €110 million, up 4% as reported and...
Quickie: ESI’s revenue up 3% in fiscal 2019

ESI’s Q3 license revenue up 16% on a large early renewal

ESI Group just reported results for its fiscal third quarter that could signal a return to growth after a lackluster first six months of the year. The details: Total revenue was €28 million, up 12% as reported and up 12% in constant currencies (cc) License revenue...
Quickie: ESI’s revenue up 3% in fiscal 2019

Big changes afoot at ESI, even as H1 was so-so

ESI recently released half-year results in an announcement that was packed with big news. The biggest: ESI co-founder and CEO Alain de Rouvray will step aside in the new year, as ESI’s board has appointed his daughter Cristel de Rouvray as CEO, effective...
Quickie: ESI’s revenue up 3% in fiscal 2019

ESI’s FQ1 hints at upward momentum for H2

ESI reported results back at the end of May –travel and US holidays sometimes get in the way of timely blogging– and they were, at best, mediocre as reported. Currency movements, customers opting for subscriptions and not perpetual licenses, and changes in...
Quickie: ESI’s revenue up 3% in fiscal 2019

ESI’s Q4 returns to license growth

You have spoken: you’re not fans of long blog posts that summarize a clump of earnings all at once, nor do you want to wait until the last of a bunch of companies publishes results to read the post. So we’re back to the old scheme, one company at a time....
Quickie: ESI’s revenue up 3% in fiscal 2019

ESI’s Q3 disappoints, but Q4 should be OK

ESI reported third quarter results last week that were, at best, so-so, as revenue declined 7% as reported (2% in constant currency, cc) to €25 million. ESI management says Q3 results “[do] not realistically reflect the considerable transformative added value...
Quickie: ESI’s revenue up 3% in fiscal 2019

Quickie: ESI reports slump in H1, boosts R&D investment

ESI Group today released results for the second quarter of fiscal 2018 (ending January 31, 2018, but which the company sometimes refers to as fiscal 2017). Overall, the results aren’t awful — the company suffered from both a touch comparable over a year...
Quickie: ESI’s revenue up 3% in fiscal 2019

CAE rumbles on: ANSYS, ESI and Exa earnings recaps

Over the last few weeks, CAE companies have released earnings that highlight the growing importance of CAE technology in many companies’ product development processes, and the impact these technologies are having on the enterprises that use them. First, key...
Quickie: ESI’s revenue up 3% in fiscal 2019

ESI reports steady progress in Q4

ESI just reported revenue for the fourth quarter and fiscal year that ended on January 31 — and the news is good. Recall that ESI’s revenue is really backweighted, with the bulk of renewals coming in Q4 and skewing result for earlier periods each year....