Exa (EXA) Misses Q1 EPS by 121c

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Exa Reports First Quarter Fiscal 2015 Financial Results

May 29, 2014 4:07 PM EDT

Reports 10% Year-over-Year Revenue Growth and Increases Full Year Revenue Guidance

Appoints Richard Gilbody as Chief Financial Officer

BURLINGTON, Mass., May 29, 2014 (GLOBE NEWSWIRE) -- Exa® Corporation (Nasdaq: EXA), a global innovator of fluids simulation solutions for product engineering, today announced financial results for the first quarter of fiscal 2015, which ended April 30, 2014. Separately, the Company also announced that it has appointed Richard Gilbody as Chief Financial Officer, effective June 1, 2014.

"Revenue for the first quarter was $13.8 million, an increase of 10% from... More

Exa Appoints Richard Gilbody as Chief Financial Officer

May 29, 2014 4:01 PM EDT

BURLINGTON, Mass., May 29, 2014 (GLOBE NEWSWIRE) -- Exa® Corporation (Nasdaq: EXA), a global innovator of fluid simulation solutions for product engineering, announced today the appointment of Richard F. Gilbody as Chief Financial Officer. Exa anticipates Mr. Gilbody will assume his position with the Company on June 1, 2014. In this role, Mr. Gilbody will report to the President and Chief Executive Officer, Stephen Remondi, and be part of Exa's executive team.

With over 30 years of finance and operations experience and 22 years focused on the software and technology sectors, Mr. Gilbody brings broad and... More