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Items filtered by date: July 2024 - CIMdata
3D Systems Corporation announced its financial results for the first quarter ended March 31, 2024.  First Quarter Financial Results and Recent Business Highlights  (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted) Q1'24 revenue of $102.9 million decreased 15.1% year-over-year primarily driven by lower printer sales, partially offset by growth in materials and services Q1'24 gross profit margin of 39.8% and Non-GAAP gross profit margin(1) of 40.1%. Improvements from prior year primarily driven by favorable mix  GAAP Q1'24 Net loss of $16.0 million or diluted loss per share of $0.12, including approximately $5 million (or $0.04 per share) of fees in excess of original estimates related to extended 2023 audit Q1'24 Negative Adjusted EBITDA(1) of $20.1 million reflects impacts of lower total sales volume, and significantly higher operating expenses primarily driven by the 2023 audit Expect Q2’24 revenues within the range of $113.0 - $113.5 million  Announces timing of Q2'24 earnings and
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Thursday, August 22, 2024

Modelon AB Interim report Q2 2024

Continued Modelon Impact growth in Q2 Q2 Highlights ARR increased to MSEK 53.9 (45.5), an annual growth of 18%. Net revenue amounted to MSEK 21.9 (21.1), of which software revenues were MSEK 14.4 (14.4). Cash flow from operations amounted to MSEK -14.6 (-19.8). EBIT amounted to MSEK -12.9 (-12.8). Operating expenses were MSEK 34.8 (34.1), including development costs of MSEK 13.5 (12.4)*. Net income amounted to MSEK -12.4 (-12.4). Earnings per share amounted to SEK -1.13 (-1.13) before dilution. Comments from the CEO My first day as CEO of Modelon was July 1st, and I am proud to have been entrusted to lead this great company. I look forward to working with colleagues to build customer success and shareholder value. I will share my initial thoughts and impressions, together with a summary of the second quarter's key events and results. Commercial update Net revenue in the second quarter of 2024 was 21.9 MSEK, an increase of 4 percent compared with
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Synopsys, Inc. reported results for its third quarter of fiscal year 2024. Revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the third quarter of fiscal year 2023. "Our strong third quarter results and expectations for a record year continue to demonstrate the resiliency of Synopsys' business," said Sassine Ghazi, president and CEO of Synopsys. "The complexity and pace of technology innovation is accelerating as silicon and systems companies race to capitalize on AI in this era of pervasive intelligence. Synopsys is mission-critical to technology innovation and our customer set is expanding as more companies in more industries define and optimize system performance at the silicon level." "Synopsys delivered an excellent third quarter, setting a new quarterly revenue record and achieving non-GAAP EPS above our guidance range," said Shelagh Glaser, CFO of Synopsys. "The strong momentum across the business is a result of our leadership products and relentless execution. For
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ActCAD 2025 New Version released.This is a major release of Intellicad 13.0 Implemented Flatshot for creating 2D representations of 3D objects Added Solid Profile to generate profiles of 3D solids Introduced Make Shape to convert objects into shapes Enabled Compile to SHX for compiling fonts to SHX format Created Make Linetype for generating custom linetypes Enhanced BIM Support with IFC Validate for validating IFC files Added RVT to IFC for converting RVT files to IFC format Introduced Corner Window Command for managing corner windows in BIM models Enabled Dimension AEC Entities for dimensioning Architectural, Engineering, and Construction entities Improved Manage Layers for .ifc Underlays for controlling layers in IFC underlays Defined New Element Styles for elements like roof slabs, dimensions, and structural members Enabled BMP Out for exporting bitmaps Implemented Undelete for recovering deleted entities Added Copy Nested Entities for copying entities within nested groups Introduced Parallel Entity Snap for snapping entities parallel to each other Enhanced Explorer Command for better management of entities with views,
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Firmus, the market leader in preconstruction AI design review and risk analysis, announced the launch of Firmus AI-MATCH™, an advanced construction drawing comparison tool delivering automatic drawing overlay with unparalleled accuracy across disciplines, scales, views, and project phases. Firmus AI-MATCH transforms how you compare drawings with a fast and simple workflow and an accuracy rate that far surpasses alternative solutions in the market, for a broader range of use cases than ever before. Compare Between Different Disciplines: Make cross-discipline comparisons such as architectural to structural, RCPs to lighting plans, or even demolition to construction plans. Firmus AI-MATCH is designed to handle significant variances.  Large-Scale to Small-Scale Comparison: Designed to work across different views, and large-scale to small-scale comparisons seamlessly (e.g., enlargement plans to overall plans). Effective on all project types, sizes, and design phases from schematic design to “issued for construction” documents.  Compare Between Different Phases: Compare drawings views across different revisions to identify variances, scope
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nPower Technologies, a cutting-edge technology start-up, is excited to announce its official launch. Founded by manufacturing application veterans, nPower Technologies aims to transform the additive manufacturing landscape with its innovative platform designed to address critical scheduling challenges. “nPower Technologies derived its name from the growing complexity of scheduling additive machines, commonly referred to as 3D printers, in a divergent manufacturing environment” said David Bennett, Chief Product Officer. “In a divergent manufacturing process, a single additive build platform may contain multiple parts whose post-print processes diverge onto different operations. While scheduling one or two printers can be done with spreadsheets, scheduling additional additive machines becomes a geometric problem of the nth degree.” The technology behind nPower is geared toward additive manufacturers in the medical device, aerospace, defense, and transportation industries but also has broader market application in circuit board, sheet metal fabrication, and other nested manufacturing processes. “At nPower Technologies, we believe in the power
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Microvellum is excited to announce that CAD Toolbox, a powerful AutoCAD-based software package and part of the broader Toolbox suite, is now available through an annual subscription. CAD Toolbox is tailored for professionals creating architectural submittal and shop drawings, providing a streamlined, efficient solution for residential and commercial projects. About CAD Toolbox: CAD Toolbox is the foundational package in the Toolbox suite, which also includes MFG Toolbox and CNC Toolbox. Designed specifically for drafters and designers, CAD Toolbox streamlines and automates the creation of precise 3D room layouts, as well as detailed 2D plan views, elevations, and section drawings for a wide range of projects, including kitchens, closets, hotels, schools, store fit-outs, and other installations requiring standard or custom cabinetry or wood products. Although CAD Toolbox is built on AutoCAD technology, it operates independently without the need for a separate AutoCAD license, making it a more accessible and cost-effective solution for professionals seeking
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Kahua, a leading provider of capital program and construction project management information systems (PMIS), announces the release of Kahua for Federal, a purpose-built offering tailored specifically for federal agencies tasked with planning, building and managing construction projects of all sizes, anywhere in the world. Kahua for Federal delivers seamless collaboration, efficiency, security and transparency for all stakeholders with advanced regulatory, compliance, CMMC authorization and risk controls along with ATO Services. In addition, Kahua for Federal resides on the FedRAMP Authorized Kahua Government Network, hosted on a government community cloud for additional security. The General Service Administration (GSA), Department of Veterans Affairs and U.S. Department of State Office Bureau of Overseas Buildings Operations (OBO) are just three federal agencies who rely on Kahua to manage their capital programs. The State Department OBO shared how it has invested in Kahua, “an industry-standard, cloud-based project and construction management system that provides information sharing and document control for real-time collaboration.”  “This strategic investment will simplify how people work across the entire project lifecycle, from performing integrated design reviews to managing the information requests and submittals needed to open a new overseas facility,” the agency shared in its online State Magazine. “OBO’s move to standardize its project
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Noesis Solutions, a trusted digital engineering transformation partner, announces the launch of SimApps feature on its cloud-based collaborative engineering platform, id8. This innovation aligns with id8's mission to democratize the engineering design process, enabling designers and engineers of all experience levels and functional expertise to perform reliable and efficient analysis of their engineering designs. SimApps standardize and automate recurring analysis tasks and simulation workflows, fitting seamlessly into existing or reimagined processes. They capture design rules, processes, and best practice engineering workflows, allowing users to transition directly from inputs to analysis with a single click. SimApps provide explicit measurements of analytical quality through solution verification, ensuring that users can trust the reliability and accuracy of their simulations, regardless of their experience level, enabling organizations to gain full control of their engineering processes from the early ideation stage. Empowering Engineers and Enhancing Productivity “With the introduction of SimApps, our objective, at Noesis Solutions, is to
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Qualtrics, the leader and creator of the experience management (XM) category, announced new patient and provider care solutions through its ongoing collaboration with Epic. With Qualtrics’ participation in the Epic Workshop, joint customers receive access to products that enable healthcare providers to offer a more immediate and personal experience by pairing patient feedback with health information in Epic at the point of care. “The electronic health record has become an integral part of how we care for patients today,” said Dr. Adrienne Boissy, Chief Medical Officer at Qualtrics. “So many of us who are committed to caring for patients are spending a significant amount of time clicking and dictating, when what we all really want is intuitive, integrative solutions that make our lives easier and enrich the care we provide. I am thrilled we are taking big steps toward that future together with Epic.” New capabilities will enable healthcare providers to better understand
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