Rand Q3 revenue down y/y, profit too

May 15, 2012 | Hot Topics

A real fast update today — I’m at the Bentley Systems user conference — but this is important, too. Rand Worldwide today announced that revenue in its fiscal third quarter was down 18% from last year to $22.4 million but basically flat sequentially. Tight...

Quickies: CENIT and Stratasys

May 14, 2012 | Hot Topics

Did you think earnings season is over? Nope. Not yet. This week we’ll hear from Rand, Autodesk and Cimatron on their most recent quarters. But first, a bit of catch-up from last week, when I was at Siemens PLM World. CENIT says its start to 2012 was better than...

MuM 2012: Off to a strong start

Apr 23, 2012 | Hot Topics

Mensch and Maschine Software (MuM) today reported that preliminary Q1 figures indicate that revenue from its continuing operations were up about 17%, but in total were about half of that recorded in Q1, 2011. Sales from the proprietary software segment, M + M Software...

CENIT & Softech: Mixed pictures

Apr 17, 2012 | Hot Topics

Yesterday was a really busy news day, what with earnings news from AVEVA, CENIT and Softech and the merger of Objet and Stratasys– not to mention trying to write future posts about COFES, Rulestream and CD-adapco’s user conference –and so a couple of items...

MuM’s 2011 shows a VAR in transition

Apr 4, 2012 | Hot Topics

Mensch und Maschine last week gave formal, final results for 2011 that confirmed its earlier disclosure and provides more details — but the big takeaway is that MuM’s new strategy appears to be working. Over the last 18 months or so, MuM has sold off much of its...

Delcam sees record revenue, profit in 2011

Mar 26, 2012 | Hot Topics

Sorry for the quiet — I’ve been traveling a lot over the last few weeks, and you’ll hear about some of that in coming posts. But in the meantime, let’s catch up on recent financial news. First up, Delcam reported more extensively on its performance in 2011....

Quickies: CENIT, Delcam & Rand

Mar 5, 2012 | Hot Topics

Still trying to catch up! Here are a few news items from the overflowing inbox: CENIT announced preliminary results for 2011 that show total revenue up 16% to €108 million. Detailed results will be out on April 16. CENIT resells Dassault Systèmes’ PLM offering as well...

Quickies: AspenTech, Cimatron, Comet & MuM

Mar 1, 2012 | Hot Topics

Trying to keep up with the news flow isn’t easy this week! Here are a few tidbits that might have escaped your notice: Aspen Tech has acquired SolidSim Engineering GmbH, a provider of solids process modeling software. It’s a natural combination, since a lot of...

Rand’s product sales up, commissions down

Feb 14, 2012 | Hot Topics

A quick note on Rand Worldwide, which just released results for the quarter ended December 31. Q2 revenue was $23 million, up 4% from a year ago and essentially flat with its fiscal first quarter. For the six months ended December 31, 2011, total revenues were $44...

RAND focuses on profit

Sep 29, 2011 | Hot Topics

Rand Worldwide yesterday reported fiscal 2011 revenue of $89.2 million and net income of $1.8 million. Since this is the first year of reporting after the reverse merger of Rand and Avatech, along with a change in the fiscal year-end, it is difficult to draw...