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CATIA Feature

A Solid Second Quarter for Dassault Systemes

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Full article is available for a fee.

Randall S. Newton, July 31, 2007

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Dassault Systemes (NASDAQ: DASTY) today reported positive financial results for the second quarter, ended June 30, 2007. Total revenue increased 9% to €305.7 million (14% in constant currencies); earnings per diluted share increased 24% to €0.31.

Dassault says it found strength in all geographic regions, including Europe, and across all sales channels. Software revenue increased 10% in constant currencies, with strength in recurring revenue coming from new licensing activity and a growing installed base.


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Software revenue was €253.3 million, up 6%; services and other revenue was €52.4, up 25%. By segments, PLM revenue was €247.7 million (up 10%), of which ENOVIA revenue was €58.5 million (up 30%, and includes MatrixOne). Mainstream 3D revenue (SolidWorks division revenue) was €58.0 million, up 4%.

By geography, revenue was €93.6 million in the Americas (up 15%), €140.8 million in Europe (up 4%) and €71.3 million in Asia/Pacific (up 12%).

Net income was €37.9 million in the quarter, up 29%.

 

The full article is available for a fee at CADCAMNet.

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