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Autodesk reports “terrific” second quarter

Autodesk reports “terrific” second quarter

Sees increase in subscriptions and uptake in suites. Autodesk reported revenue of $551 million for the quarter ending in July ’16 (second quarter of fiscal 2017), which represents 10% decline year over year. New model subscription revenue increased 82% year over year to $371 million. Net loss was $98.2 million, which is an improvement year over […]

By August 29, 2016 Read More →
Ansys Q1 new reality: slower, more steady growth

Ansys Q1 new reality: slower, more steady growth

Net income is up 16% on 4% growth. A $10 million sale was booked in the quarter.   For years Ansys (ANSS: Nasdaq) has been the high-growth stock in the engineering software industry. But as the industry matures, even a high-flyer like Ansys eventually had to come down to Earth; first quarter results confirm the […]

By May 6, 2016 Read More →
Ansys posts rare decline for full year revenue

Ansys posts rare decline for full year revenue

Net income is down, net revenue is flat in underwhelming fourth quarter. Ansys will have to wait until next year to join the billion dollar revenue club.   Ansys (ANSS: Nasdaq) reports a rare decline in net income for the all of 2015 (ended December 31, 2015). The company cites a mix of currency issues […]

By February 26, 2016 Read More →
Strong sales in Europe propel Dassault Systèmes to good third quarter

Strong sales in Europe propel Dassault Systèmes to good third quarter

Net income rises 47% as Dassault’s diversification strategy kicks in. Dassault Systèmes (OTC: DASTY) reported a solid quarter of growth in revenue for the third quarter of 2015. Total revenue in the quarter was €675.7 million ($761 million), up 20% in raw revenue and up 11% in constant currencies. The company said it saw growth […]

Bentley reports $625 million revenue for 2014

Bentley reports $625 million revenue for 2014

The privately held AEC software firm offers annual insight into operations. Compared to 2013 Bentley has lost ground to Autodesk. Bentley Systems today reported selected information from its 2014 revenue and operations results. Total 2014 revenue of $625 million is up 7% from 2013 revenues. Net income was not disclosed. As a private company, Bentley […]

Strong SolidWorks sales boost Dassault Systèmes in first quarter

Strong SolidWorks sales boost Dassault Systèmes in first quarter

Total revenue is up 17%, net income up 30% from a year ago. By Randall S. Newton Dassault Systèmes today reported a strong first quarter, buoyed by strong sales of SolidWorks and other primary engineering products, and by the changing landscape in world currencies. Total revenue in 1Q15 (ended March 31, 2015) was €651.5 million […]

Dassault Systèmes revenue up 19% in Euros in fourth quarter

Dassault Systèmes revenue up 19% in Euros in fourth quarter

Adobe has great fourth quarter, celebrates with acquisitions

Adobe has great fourth quarter, celebrates with acquisitions

Adobe reports strong Q4 and fiscal 2014 financial results. Adobe continues to prove the wis­dom behind its seemingly brave bet to go to subscription. CEO Shantanu Narayen proclaimed 2014 to be “an outstanding year” for the company, and Narayen’s bet doesn’t look brave, it looks shrewd. Subscriptions are ahead of predictions and the Adobe Marketing […]

Strong AEC results propel Autodesk third quarter

Strong AEC results propel Autodesk third quarter

Revenue was $618 million, up 11% but net income dropped 81% on increased spending.   Autodesk today reported a strong third quarter, led by a 17% increase in revenue from the AEC business segment. Deferred revenue topped $1 billion for the first time, and total billings rose 25% from a year ago. For the third […]

By November 20, 2014 0 Comments Read More →
Ansys revenue up 10% in third quarter

Ansys revenue up 10% in third quarter

North America sales helped overcome soft results in Europe. Ansys continues to buy back its stock. Ansys has reported a “normal” third quarter—normal for Ansys. For the period ending October 301, 2014 revenue was up 10% from a year earlier, to $234 million. Net income for the period was up 5% to  $65.5 million. Breaking […]

By November 20, 2014 0 Comments Read More →