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Items filtered by date: November 2015 - CIMdata
Freitag, November 08, 2024

Modelon AB Interim report Q3 2024

Increased software revenue with new customers in Q3 Q3 Highlights ARR increased to MSEK 56.4 (47.1), an annual growth of 20%. Net revenue amounted to MSEK 20.5 (19.1), of which software revenue was MSEK 14.4 (12.4). Cash flow from operations amounted to MSEK -17.6 (-11.9). Adjusted EBIT amounted to MSEK -12.0 (-11.5). Operating expenses were MSEK 39.8 (30.7), including non-recurring items of MSEK 7.1 (0.0) and development costs of MSEK 13.8 (11.4). Net income amounted to MSEK -18.8 (-11.6). Earnings per share amounted to SEK -1.11 (-1.05) before dilution. Comments from the CEO Commercial update Revenues in the third quarter were SEK 20.5 million, an increase of 7 percent compared with the same period last year. Growth was driven by software license sales, and total annual recurring revenues were up by 20 percent. Our flagship product Modelon Impact showed an ARR increase of 53 percent, thanks to new customer wins and increased license sales to existing customers. A new contract
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 PDF Key Takeaways Oracle has built deep partnerships with the leading Infrastructure as a Service (IaaS) providers—AWS, Microsoft, and Google—to better support multi-cloud and hybrid enterprise architectures. After their success using the Redwood design system to revamp their Human Capital Management (HCM) offerings, Oracle accelerated Redwood’s application to their supply chain management (SCM) offerings, which include their product lifecycle management (PLM) capabilities. Redwood is essential to embed Oracle’s extensive artificial intelligence capabilities in their applications portfolio, including supporting user extensions of generative AI (GenAI) use cases. Oracle delivered over 100 AI use cases last year and the pace is quickening. Smart Operations seeks to replace manufacturing execution systems (MESs) in most applications, while extending Oracle’s reach in the digital thread. CIMdata attended Oracle CloudWorld 2024, held at The Venetian in Las Vegas, NV on 9-12 September 2024.[1] According to Oracle staff, more than 15,000 people attended this four-day event. Many solution providers issue a raft of press
Published in Commentaries
 PDF GoEngineer Cloud PLM as a Service Key Takeaways Companies of all sizes must effectively manage their vital intellectual property, their product designs, across their lifecycle. Many companies use ad hoc data management approaches while others implemented on-premises data and process management solutions to help manage their files, bills of material (BOMs), and support configuration management. Cloud-based product lifecycle management (PLM) solutions offer more flexibility in licensing, reduce in-house support requirements, and can be expanded to more users and additional capabilities as business needs demand. Based on Dassault Systèmes expansive 3DEXPERIENCE platform, GoEngineer’s Cloud PLM Program is designed to provide rapid time-to-value for implementations ranging up to tens to thousands of users. GoEngineer’s long experience selling and implementing both on-premises and cloud-hosted PLM solutions help customers of all sizes reap the benefits of cloud-based solutions to support their PLM workloads. Introduction Since digital technologies were routinely applied to the product lifecycle in the 1960s, companies had to determine how
Published in Commentaries
Bentley Systems, Incorporated, the infrastructure engineering software company, announced results for the quarter ended September 30, 2024. Third Quarter 2024 Results Total revenues were $335.2 million, up 9.3% or 9.1% on a constant currency basis, year-over-year; Subscriptions revenues were $303.2 million, up 12.0% or 11.8% on a constant currency basis, year-over-year; Annualized Recurring Revenues (“ARR”) was $1,270.7 million as of September 30, 2024, compared to $1,124.8 million as of September 30, 2023, representing a constant currency ARR growth rate of 12%; Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 110% for the same period last year; Operating income margin was 20.5%, compared to 24.0% for the same period last year; Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 26.7%, compared to 28.2% for the same period last year; Net income per diluted share was $0.13, compared to $0.16 for the same period last year; Adjusted net income per diluted share (“Adjusted EPS”) was $0.24, compared to $0.22 for the same
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FARO® Technologies, Inc., a global leader in 4D digital reality solutions, announced its financial results for the third quarter ended September 30, 2024. "I am proud of our ongoing progress in profitability, achieving 55.7% gross margins, GAAP net loss of $0.3 million and $8.9 million of adjusted EBITDA, or 10.7% of revenue, all exceeding our expectations for the third quarter. This marks a significant transformation in our operations over the past year, as its the first time that we have delivered back-to-back double-digit quarterly adjusted EBITDA margins in almost a decade," said Peter Lau, President & Chief Executive Officer. "Looking ahead, we are committed to executing on our growth initiatives, even in a difficult macroeconomic environment. With our recent product launches, including the Quantum X Arm and next generation Focus Premium Max Laser Scanner, we are excited about the actions we are taking to drive organic revenue growth over the longer term." Third Quarter 2024 Financial Summary Total sales
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Following the sharp decline in 2023, the HOMAG Group’s order intake increased again slightly in the first nine months of 2024. Sales and earnings decreased as expected. “Even though our order intake has increased again slightly from a low level, we do not yet see an end to the market weakness,” explains CEO Dr. Daniel Schmitt. “This is particularly evident in the continued subdued demand for individual machines from the furniture industry, while the situation for large-scale projects is somewhat better and the service business is growing slightly despite the difficult environment.” The HOMAG Group’s order intake increased slightly by six percent to EUR 1,031 million (previous year: EUR 968 million) between January and September 2024. The orders on hand decreased to EUR 806 million as of September 30, 2024 (9/30/2023: EUR 832 million). In the first three quarters of 2024, sales dropped by 14 percent to EUR 1,055 million (previous year:
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The Nemetschek Group, a global provider of software solutions for the construction and media industries, continued its profitable growth course in Q3 2024. Growth was once again driven by subscription and SaaS revenue, which increased to a new record level. Based on the successful development in the first nine months, the Executive Board reiterates both its previous outlook for the operating business (i.e. excluding GoCanvas acquisition effects) and the extended outlook following the acquisition of GoCanvas, which was consolidated for the first time in Q3 2024. "Our third quarter clearly shows that the Nemetschek Group continues its profitable growth course - while transitioning to a subscription and SaaS-centric business model. Even though the general economic conditions remain challenging, especially in Europe, the strategic advantage of our globally operating brands is clearly evident," says Yves Padrines, CEO of the Nemetschek Group. "We continue to consistently implement our strategy of generating value-added growth and accelerating
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PTC reported financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2024. “In fiscal year 2024, we again delivered solid ARR and cash flow, with year-over-year ARR growth in the low double-digits and cash flow growth above 20%. We have a differentiated strategy that leverages our unique portfolio to help product companies accelerate their time to market and manage increasing complexity. It’s an exciting time because our products are at the epicenter of driving business transformation at our customers,” said Neil Barua, President and CEO, PTC. “We continue to focus on increasing customer value while enhancing shareholder returns,” Barua continued. “Today we announced a new $2 billion share repurchase authorization through the end of fiscal 2027. We are also strengthening our ability to scale our business by realigning our go-to-market organization to better serve our customers,” concluded Barua. PTC’s Fiscal Fourth Quarter and Full Year Results Conference Call The Company
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Rockwell Automation, Inc. reported fiscal 2024 fourth quarter and full year results and introduced fiscal 2025 guidance. "Orders for the quarter came in lower than expected, reflecting continued softness in many of our end markets. Operating performance was solid, with good sales conversion, margin, and EPS. The performance of our Lifecycle Services segment stands out, with its higher exposure to process end markets, growth in digital services, and continued margin expansion. Reflecting on the full year, our people around the world have demonstrated remarkable dedication to serve our customers and bring new innovation to market, and to make the changes necessary to position us for market-beating growth and profit,” said Blake Moret, Chairman and CEO. Fiscal Q4 2024 Financial Results Fiscal 2024 fourth quarter sales were $2,036 million, down (21)% compared to $2,563 million in the fourth quarter of fiscal 2023. Organic sales decreased (21)% and acquisitions increased sales by 1%, which was
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Donnerstag, November 07, 2024

Altair® PollEx™ for ECAD Now Available

Altair, a global leader in computational intelligence, announced it is providing engineers access to advanced printed circuit board (PCB) verification tools at no cost with Altair® PollEx™ for ECAD. PollEx for ECAD empowers organizations to streamline design processes, enhance product quality from the earliest stages, and make smarter PCB design decisions. Available as a one-year free trial, PollEx for ECAD integrates seamlessly with all leading electronic computer-aided design (ECAD) tools.  “PollEx for ECAD offers users incredible PCB verification capabilities at no cost, allowing them to integrate with leading ECAD tools and transform their PCB design workflows,” said Sam Mahalingam, chief technology officer, Altair. “This is a can’t-miss opportunity for teams and organizations responsible for designing and manufacturing PCBs. We encourage all users to try this software and discover its potential firsthand.” PollEx for ECAD – part of the Altair® HyperWorks® design and simulation platform – includes the core capabilities of Altair® PollEx™, offering essential PCB verification
Published in Newsletter Articles
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