The DG1 is shipping, Q3 revenue is down 4.7% YoY to $18.3 billion dollars—and the company is positioning itself for Q4 and a new year. For Q3 2020, Intel reported a decline in sales (revenue), profits, and margins even as even though more people bought PCs, as consumers and companies adjusted to work at home. Likewise, organizations and governments pulled back on data center … [Read more...] about Intel reports Q3’2020 results with good news and bad news
Financial Results
Autodesk Q1 revenue down, as expected
Transition to subscriptions is going well, but the short-term revenue hit remains strong. Autodesk (ADSK: NASDAQ) has reported first quarter results for fiscal 2017 that are in line with its long-term forecast for moving revenue from product purchases to subscriptions. During this transition, quarterly revenue is impacted because more revenue is recognized over the course … [Read more...] about Autodesk Q1 revenue down, as expected
PTC second quarter results don’t fit the old Wall Street metrics
Software subscriptions are rising briskly, but that means a short-term hit in revenue. PTC CEO James Heppelmann told Wall Street what he thought was great news; new booking of software subscriptions in the second quarter of 2016 were above the high-end of previously issued guidance. This is great for the long-term future of PTC, but Wall Street is more interested in the short … [Read more...] about PTC second quarter results don’t fit the old Wall Street metrics
PTC Q3 results in a word: Ouch!
Monstrous gains for Internet of Things doesn’t compensate for lackluster quarter in core businesses. By Randall S. Newton PTC (NASDAQ: PTC) delivered news they would rather have swept under the rug with their third quarter 2015 financial report. It was a down quarter for total revenue, net income, software revenue, earnings per share, and all categories of software except … [Read more...] about PTC Q3 results in a word: Ouch!
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 time this fiscal year, Autodesk has raised its guidance for … [Read more...] about Strong AEC results propel Autodesk third quarter
Ansys records 10.5% growth in second quarter
The leader in engineering simulation bought back 988,000 shares of its stock during the quarter. Revenue guidance for the year is increased. Ansys (Nasdaq: ANSS) today reports revenue growth of 10.5% in the second quarter, compared with a year earlier. Net income increased by 11%. In constant currency, second quarter revenue growth was in double digits in … [Read more...] about Ansys records 10.5% growth in second quarter
PTC net income rises 61% on flat revenue
Asia is the bright spot for new sales and services. A new deal with Embraer for PLM complicates Dassault Systemes relationship. PTC will reduce headcount by 4% during the current quarter. PTC (NASDAQ: PMTC) is reporting sharply higher net income on essentially flat revenue for the first quarter of fiscal 2013, as compared with a year ago. The results were in line with the … [Read more...] about PTC net income rises 61% on flat revenue
Bentley keeps pace; weathers 2012
Bentley Systems is a private company, but they annually release selected revenue figures. The company announced $523 million in revenue for 2011. The company has also expanded its relationship with Siemens and announced new deal with Trimble. The economics of AEC are an echo of the larger design markets. As we go through unusual economic convulsions, the increased use of … [Read more...] about Bentley keeps pace; weathers 2012
Trimble third quarter revenue up 21%
Net income of $93 million gives hope, even though the company warns of rough times ahead. By Kathleen Maher Of the companies transforming themselves lately, Trimble (NASDAQ: TRMB) has made the latest moves and some of the most spectacular with the acquisition of Tekla and of Google’s SketchUp. Most recently the company has announced a new rugged tablet for field work … [Read more...] about Trimble third quarter revenue up 21%
Ansys warns about near future despite good third quarter
The leading vendor of simulation software sees the US Dollar dropping against all major currencies and a global slowdown for at least the next six months. Ansys (ANSS: Nasdaq) reported a solid third quarter today—the best in company history—yet took the opportunity to tell Wall Street it expects challenging times in the near future. Total revenue in the third quarter (ended … [Read more...] about Ansys warns about near future despite good third quarter