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MCAD & EDA in Q1 2007
Location: Blogs Russ Henke |
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| Posted by: Russ Henke |
6/3/2007 5:32 PM |
On May 27, 2007, I had planned to use this space to report the financial results of the top three MCAD vendors and the top three EDA vendors for Q1 2007. However, comments on Memorial Day remembrances took precedence.
For the record, in nominal Q1 2007, Autodesk broke into the rarified atmosphere of eclipsing $500 million in total revenue for Q1 (at $509,000,000). Dassault Systemes posted $381,000,000 in revenue, and Siemens UGS came in at $302,000,000.
An earnings' comparision will have to wait, as neither Autodesk nor UGS reported earnings this quarter, each for different reasons.
EDA vendor Cadence reported $385,000,000 in revenue in Q1, followed by Synopsys at $293,000,000, and Mentor Graphics at $190,000,000.
So the Top 3 MCAD vendors topped the Big 3 EDA companies by a 1.4 to 1 ratio in revenue for Q1 2007.
These performances are remarkable in light of the poor performance of the US economy in recent times, especially the ongoing decline in overall US manufacturing employment for the 11th consecutive month in May, as announced on June 1.
Indeed, the US economy (GDP) in the first quarter grew at a rate of just 0.6%, its worst showing in more than four years. The Commerce Department reported on June 1 that Americans' incomes fell by 0.1% in April, a month when the job creation was at its weakest in 2.5 years and wage growth slowed.
Such news cheered Wall Street, of course, as major stock indexes rose to new record closes on June 1.
Meanwhile, the news from IRAQ continues grim. A record 219 US soldiers died in April & May, the worst of the entire war. As this blog entry is written, another 14 GI's have died in the first 3 days of June. You do the math. |
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