Highlights
Dassault Systèmes’ Third Quarter Non-IFRS Software Revenue Up 8% with non-IFRS New Licenses and Other Software Revenue Growth of 12% in Constant Currencies
Q3 2017 AND YTD FINANCIAL PERFORMANCE
- Q3 New licenses and other software revenue up 12% at €175.2 million
- Q3 software revenue up 8%, operating margin 32.0% and EPS €0.64, well aligned with guidance (all figures non-IFRS)
- SOLIDWORKS non-IFRS software revenue up 16% in Q3 and 14% YTD
- Cash flow from operations up 28% to €672 million YTD
- SIMULIA extends advanced fluids analysis with Exa proposed acquisition
- CATIA broadens its system engineering coverage with No Magic proposed acquisition
2017 FINANCIAL OBJECTIVES UPDATED FOR CURRENCY AND SERVICES OUTLOOK
- DS reconfirms 2017 new licenses revenue growth of 8-10% and recurring software growth of 6% in constant currencies
- Lowers EPS to €2.57-2.61 on five cent currency impact and total revenue growth to 6% (from 6 to 7% previously) in constant currencies on updated services outlook (all figures non-IFRS)