Dassault Systemes 4Q Non-IFRS Rev EUR1.64B [MarketWatch]
DASSAULT SYSTEMES SA ADR (DASTY)
Last dassault systemes sa adr earnings: 4/23 01:00 am
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Source: MarketWatch
By Joshua Kirby Advertisement Dassault Systemes expects continued revenue growth and increased profitability in the coming year after reaching its guidance for the last months of 2023. The French software firm's posted a non-IFRS operating profit of 589.8 million euros ($638.1 million) between October and December, rising from EUR552.1 million in the same period a year earlier, it said Thursday. Revenue increased 8% at constant currency to EUR1.64 billion, led by growth in the mainstay software business, with an operating margin of 35.9%, a percentage point higher than in the same period of 2022. Advertisement For the year as a whole, Dassault Systemes made operating profit of EUR1.93 billion on revenue of EUR5.95 billion, representing a margin of 32.4%. Dassault Systemes, like other European software companies, presents its figures as two sets of numbers. One set is based on the International Financial Reporting Standards--an international accounting method that seeks
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