Industry Summary Articles

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,…

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…

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…

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…

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…

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…

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,…

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…

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…

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.…