Neues

Altair, a global leader in computational intelligence, released its financial results for the first quarter ended March 31, 2024. “Altair continued its positive momentum into the start of 2024, with record-high quarterly software revenue and total revenue,” said James R. Scapa, founder, chairman, and chief executive officer, Altair. “The first quarter exceeded our expectations and demonstrates the strength of our product portfolio in bringing computational intelligence to our customers.” “The start of this year has been marked by strong execution, setting new records in software revenue and total revenue in the first quarter 2024,” said Matt Brown, chief financial officer, Altair. “Revenues and profit were ahead of expectations for the quarter, driven by growth across all three major geographies and multiple verticals.” First Quarter 2024 Financial Highlights Software revenue was $158.4 million compared to $149.6 million for the first quarter of 2023, an increase of 5.9% in reported currency and 6.9% in constant currency Total

AMETEK, Inc. announced its financial results for the first quarter ended March 31, 2024. AMETEK's first quarter 2024 sales were a record $1.74 billion, a 9% increase over the first quarter of 2023. On a GAAP basis, first quarter earnings per diluted share were $1.34. Adjusted earnings in the quarter were $1.64 per diluted share, up 10% from the first quarter of 2023. Adjusted earnings adds back non-cash, after-tax, acquisition-related intangible amortization of $0.21 per diluted share and excludes a pre-tax $29.2 million, or $0.10 per diluted share, charge for integration costs related to the Paragon Medical acquisition. GAAP operating income was $417.2 million, or 24.0% of sales. Excluding the Paragon Medical charge, adjusted operating income was a record $446.4 million, up 10% versus last year's first quarter, with adjusted operating margins of 25.7%, up 30 basis points from the first quarter of 2023. A reconciliation of reported GAAP results to adjusted results is included in the financial tables accompanying this release and on the

Procore Technologies, Inc., the leading global provider of construction management software, announced financial results for the first quarter ended March 31, 2024. “The highly complex and collaborative nature of our industry underscores the importance of our mission to connect everyone in construction on a global platform,” said Tooey Courtemanche, Founder and CEO of Procore. “Our trusted, innovative platform mirrors what the industry needs and will continue to deliver value to the industry in both the short and long term.” "I am proud of the strong margin performance we delivered in Q1,” said Howard Fu, CFO of Procore. “We remain focused on continuing to improve our operating leverage while executing on the long-term growth opportunity ahead of us.” First Quarter 2024 Financial Highlights: Revenue was $269 million, an increase of 26% year-over-year. GAAP gross margin was 83% and non-GAAP gross margin was 86%. GAAP operating margin was (7%) and non-GAAP operating margin was 14%. Operating cash inflow for

Trimble Inc. announced financial results for the first quarter of 2024. First Quarter 2024 Financial Highlights Revenue of $953.3 million, up 4 percent on a year-over-year basis, flat on an organic basis Annualized recurring revenue ("ARR") was $2.03 billion, up 23 percent year-over-year, up 13 percent on an organic basis GAAP operating income was $109.2 million, 11.5 percent of revenue and non-GAAP operating income was $234.4 million, 24.6 percent of revenue GAAP net income was $57.2 million and non-GAAP net income was $159.1 million Diluted earnings per share ("EPS") was $0.23 on a GAAP basis and $0.64 on a non-GAAP basis Adjusted EBITDA was $250.9 million, 26.3 percent of revenue Share repurchases of $175.0 million Executive Quote "We had a strong start to the year, delivering record annualized recurring revenue of $2.03 billion and record first quarter gross margin. And on April 1, we closed our agriculture joint venture with AGCO," said Rob Painter, Trimble's president and chief executive officer. "With our new

CIMdata’s Sandeepak Natu will look at the role of simulation-driven design in small to medium-sized businesses. Ann Arbor, Michigan, USA 3 May 2024—CIMdata, Inc., the leading global research, consulting, and education firm specializing in Product Lifecycle Management (PLM) and the Digital Transformation it enables, announces that Sandeepak Natu, the co-director of CIMdata’s Simulation-Driven Systems Development practice, will participate in Altair’s upcoming Simulate at the Speed of Design event. The event will take place virtually on 16 May. Sandeepak’s presentation, “Driving Product Innovation in Small and Medium Enterprises: Powered by Simulation-Driven Design and Manufacturing,” is open to all. Small and medium businesses (SMBs) are crucial in driving economic growth and fostering innovation. As the backbone of the global economy, they contribute significantly to job creation and GDP. Over the last decade, simulation-driven design tools have made some inroads into the SMB domain. With the advent of novel simulation techniques, enhanced user experience, AI/ML,

Accenture has agreed to acquire Parsionate, a data consultancy specialized in data products and modern data foundation services, ranging from data strategy development to technology implementation. With deep industry-specific capabilities in the retail and industrial sector, as well as in the consumer goods and life sciences industries, the acquisition of Parsionate will strengthen Accenture's data and artificial intelligence (AI) capabilities in Europe and enhance the company's ability to deliver innovative, data-driven solutions to clients in these markets. According to research from Accenture, 75% of C-level leaders plan to increase their spending on data and AI in 2024, compared to 50% that increased spending in 2023. “Data readiness is essential to a company’s ability to harness advances in AI. Getting data right—as part of a strong, cloud-based digital core—lays the foundation for achieving exponential value through AI,” said Christina Raab, market unit lead for Accenture in Germany, Austria and Switzerland. “Parsionate's holistic data expertise, from strategy development

OpenText™ Corporation announced that it has successfully completed the divestiture of its AMC/Mainframe business to Rocket Software, Inc., a Bain Capital portfolio company (“Rocket Software”), for $2.275 billion in cash before taxes, fees and other adjustments. “We are pleased to complete the divestiture of our AMC/Mainframe business to Rocket Software”, said Mark J. Barrenechea, OpenText CEO & CTO. “We intend to use the net proceeds from the divestiture to reduce our debt by $2 billion and lower our net leverage ratio to under 3x. Further, the divestiture allows the company to focus on the future of Information Management, which is innovation and growth in the Cloud, Security, and AI markets and the opportunity to expand our capital allocation program for shareholders.” Additional details on the impact of the divestiture to the remainder of Fiscal 2024 will be outlined as part of the Company’s quarterly earnings results scheduled for May 2, 2024. To view the

Agiloft, a trusted global leader in data-first contract lifecycle management (CLM) and a member of Oracle PartnerNetwork (OPN), announced that it has been selected to join the Oracle Independent Software Vendor (ISV) Accelerator for SaaS Initiative. With expertise in Oracle Fusion Cloud Application Suite integrations, Agiloft was selected based on its market leadership, high customer satisfaction and retention, and enterprise-scale, no-code, data-first CLM platform. “By joining the Oracle ISV Accelerator, Agiloft can now help Oracle customers shorten time to revenue, accelerate contracting cycle time, manage commercial risk, and enable more rapid commercial decision-making,” said Prashant Dubey, Chief Strategy Officer and Head, Strategic Alliances at Agiloft. “Oracle Fusion Cloud Applications Suite is widely deployed and brings together critical enterprise business processes such as finance, procurement, human capital management, and sales and marketing.”  With many Agiloft customers already using Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Supply Chain and Manufacturing (SCM), Oracle Fusion Cloud Human Capital

BIMcollab, the industry leader in driving BIM collaboration, and Schüßler-Plan Digital, a prominent partner in digitalization solutions, proudly announce their integration to streamline BIM processes. By facilitating an integration with BIMcollab, Schüßler-Plan Digital, recognized for their expertise in optimizing data and processes, will enhance information management and project delivery using their SPBIM4DESITE platform.  The integration establishes a direct link from the collaboration software Desite BIM md to the BIMcollab Space for efficient issue management using BCF (BIM Collaboration Format). Additionally, IDS (Information Delivery Specification) can be utilized for model validation.  “The connectivity of environments is a necessity in the era of cloud-based solutions. We need to move beyond the ‘copy and paste’ mentality.“ – Dr. Andreas Bach, CEO of Schüßler-Plan Digital “Integrating BIMcollab into our solution SPBIM4DESITE was a natural progression for us. Now, cumbersome uploads and downloads between platforms are a thing of the past. We are more connected and can work together more

Kontron, a leading global provider of IoT/Embedded Computer Technology (ECT) and the technology company Janz Tec are intensifying their partnership, which started in 2021. Janz Tec is now a solution partner of Kontron, which means that customers in the automation environment can expect even faster and more flexible integration of hardware and software components for innovative IoT solutions. The even closer cooperation provides customers with extended added value, which includes software and services in addition to high-quality hardware. Thanks to the close cooperation between Kontron and Janz Tec, customers can benefit from fast delivery times and a holistic approach that includes consulting and support from the initial idea to implementation and commissioning. With a focus on customized solutions in the IoT ecosystem, Kontron and Janz Tec offer their customers expert knowledge for the Industrial Internet of Things. The many years of project experience of both companies make it possible to optimize customer