Highlights
3DS Reports Third Quarter EPS and Operating Margin Above Company Objectives
- As recently announced 3DS plans to acquire the IBM PLM business operations ("IBM PLM") for approximately $600 million
- Third Quarter 2009 non-IFRS revenue results in line with 3DS Q3 objectives; non-IFRS EPS and non-IFRS operating margin above on strong cost controls; cost-savings reach €100 million year-to-date, ahead of plan
- Net operating cash flow of €234 million year-to-date; cash and short-term investments of €975 million
- 3DS updates 2009 financial objectives: reconfirms EPS range, narrows operating margin objective to mid-point of 25% and lowers revenue range by €10 million to €1.24 - €1.27 billion