Dassault Systemes SE
OTC Pink - Limited Information:DASTY

  • LAST PRICE
    40.0800
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
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  • Ask / Lots
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  • Open / Previous Close
    0.0000 / 40.0800
  • Day Range
    ---
  • 52 Week Range
    35.6200
    53.0000
  • Volume
    ---

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    • 6:51AM ET on Thursday Apr 25, 2024 by Dow Jones
      Companies Mentioned: DASTY

      1050 GMT - Dassault Systemes posted an underwhelming set of numbers for the first quarter, Jefferies analysts write in a research note. Reporting on a non-IFRS basis, the company booked revenue of EUR1.5 billion, up from EUR1.43 billion in the year-earlier period, while its mainstay software business saw a 7% increase at constant currency to EUR1.35 billion. The latter fell short of consensus estimates and came in at the lower end of the company's guidance of growth between 7% and 9%, which is particularly upsetting, they say. Operating cash flow fell to EUR671 million from EUR783 million previously, missing consensus estimates, which could raise eyebrows, Jefferies says. First-quarter results were mixed, but overall they seem disappointing, they say. Shares trade 5.2% lower at EUR36.90. (andrea.figueras@wsj.com)

    • 1:00AM ET on Thursday Apr 25, 2024 by Dow Jones
      Companies Mentioned: DASTY

      By Andrea Figueras

      Dassault Systemes confirmed its full-year expectations after posting an increase in revenue for the first three months.

      Reporting on a non-IFRS basis, the French software maker said Thursday that overall first-quarter revenue climbed to 1.5 billion euros ($1.61 billion) from EUR1.43 billion in the year-earlier period.

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