Boeing signs a new long-term deal worth $1 billion to expand its use of Dassault software. Dassault Systèmes (Paris:DSY) reported a positive second quarter, with all results at or exceeding predictions. Software revenue was up 7% while new license revenues were up 8%. Total revenue for the quarter was €806.4 million, up 6% in constant currencies from a year ago. During the … [Read more...] about SolidWorks drives strong second quarter for Dassault Systemès
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Too much of a good thing ends PTC year on a loss
Customers switching to subscriptions at a faster rate than predicted means lots of revenue that can’t be booked in the current quarter. A stronger than expected move among customers to subscription accounts was good news for PTC in the long run, but the surge meant the company ended its fiscal year with a net loss for the quarter. For the fourth quarter of PTC’s Fiscal … [Read more...] about Too much of a good thing ends PTC year on a loss
Dassault Systemès reports 9% revenue growth in third quarter
Net income was up 7%; no specific trends marked the quarter. [Editor’s Note: Unless noted, all Euro amounts are in constant currencies, a way of accounting for variations in currency values over time when making revenue comparisons.] Dassault Systemès (OTCMKTS: DASTY) reported a comfortable third quarter, with total revenue up 9% from a year ago. Strong results in Asia … [Read more...] about Dassault Systemès reports 9% revenue growth in third 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 year; the company reported a … [Read more...] about Autodesk reports “terrific” second quarter
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 trend is long-term. Revenue in the first quarter of 2016 was … [Read more...] about Ansys Q1 new reality: slower, more steady growth
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 (rising US Dollar), longer sales cycles, and the shift from licenses to … [Read more...] about Ansys posts rare decline for full year revenue
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 in its “diversification” industries, which … [Read more...] about Strong sales in Europe propel Dassault Systèmes to good third quarter
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 is not required to … [Read more...] about Bentley reports $625 million revenue for 2014
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 ($699.7 million), up 17% in constant … [Read more...] about Strong SolidWorks sales boost Dassault Systèmes in first quarter
Dassault Systèmes revenue up 19% in Euros in fourth quarter
Annual revenue tops $3 billion for the first time. Currency fluctuations were a doubled-edged sword for the French company. By Randall S. Newton Dassault Systèmes (OTCPK: DASTY) closed 2014 with a strong fourth quarter. Total revenue of €673.2 million was a quarterly record, up 19% (16% in constant currencies). Measured in US Dollars growth was not as robust, up 9% … [Read more...] about Dassault Systèmes revenue up 19% in Euros in fourth quarter