CIMdata Blog

Bechtle AG’s business development remained under pressure in the third quarter against an ongoing tough economic backdrop. Regionally, the picture varies with the Bechtle Group’s most important markets—Germany and France—continuing to be dominated by uncertainty and a reluctance to invest, particularly in the B2B segment. In other European countries, however, Bechtle enjoyed considerable organic growth. Overall, business volume was slightly below the previous year at -1.1 per cent, but revenue went up 2.2 per cent to €1,511.3 m. At €78.6 m, earnings before taxes (EBT) were significantly below the previous year’s €93.9 m. The EBT margin also declined from a very good 6.3 per cent to 5.2 per cent. On 30 September 2024, Bechtle employed 15,608 staff, which is 768 people more year-on-year. Domestic business volume shrank by 8 per cent in the third quarter due to a large-volume software project that had a very positive impact on Q3 2023, which could not be repeated this year. By contrast, Bechtle was able to boost its international business

DXC Technology reported results for the second quarter of fiscal year 2025. "I am pleased to report another quarter of solid results, with adjusted EBIT margin and non-GAAP diluted EPS exceeding our guidance, and revenue coming in toward the high end of our range," said DXC Technology President and CEO, Raul Fernandez. "I'm proud of how our new leadership team has come together and the early momentum we've seen from our initiatives this year. While there’s more work ahead, particularly in our go-to-market initiatives, we’re focused on execution and building a solid foundation to support stronger performance going forward." Financial Highlights - Second Quarter Fiscal Year 2025 Total revenue was $3.24 billion, down 5.7% year-over-year (down 5.6% on an organic basis). (1) EBIT was $111 million, down 27.5% year-over-year with a corresponding margin of 3.4%. Adjusted EBIT (4) was $279 million, up 11.2% year-over-year, with a corresponding margin (4) of 8.6%. Diluted earnings per share was $0.23, down 53.1% year-over-year.

Markforged Holding Corporation (the “Company” or “Markforged”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Results Compared To Third Quarter 2023 Revenue was $20.5 million compared to $20.1 million. Gross margin was 49.0% compared to 45.7%. Non-GAAP gross margin was 50.9% compared to 46.9%. Operating expenses were $27.6 million compared to $59.6 million. Non-GAAP operating expenses were $20.5 million compared to $24.9 million. Net loss was $23.4 million compared to net loss of $51.4 million. Non-GAAP net loss was $9.5 million compared to a loss of $13.8 million. Cash and cash equivalents, including restricted cash, were $79.5 million as of September 30, 2024, compared to $93.9 million as of June 30 2024. The balance sheet for the quarter ended September 30, 2024 includes restricted cash in the amount of $19.4 million relating to the surety bond entered

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

 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

 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

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

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

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:

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