Summary Highlights[1]

(unaudited, non-IFRS unless otherwise noted,

all growth rates in constant currencies)

• 3Q24: total revenue rose 4% to €1.46 billion driven by subscription revenue up 8%;
• 3Q24: sequential improvement of MEDIDATA revenue;
• 3Q24: operating margin of 29.6% and EPS at €0.29, in line with guidance;
• YTD24: IFRS cash flow from operations up 6% as reported;
• FY24: confirming diluted EPS objectives of €1.27 - €1.30, while updating total revenue growth from 6 - 8% to 5 - 7% to reflect the continued scrutiny and contraction of the automotive market. Anticipating total revenue growth acceleration at 8% mid-point in 4Q24.

[1] IFRS figures for 3Q24: total revenue at €1.46 billion, operating margin of 18.9% and diluted EPS at €0.18; IFRS figures for YTD24: total revenue at €4.46 billion, operating margin of 19.6% and diluted EPS at €0.61. 

Related links:

• Press release
• Key figures
• Webcast
• Conference Call
• Earnings presentation to analysts
• Conference Call Text