Dassault Systemes Stock Price, News & Analysis

Nextech AR Solutions Corp (OTCQB: NEXCF) has launched its innovative CAD to POLY solution, aimed at transforming CAD files into optimized 3D meshes for AR applications. This advancement positions Nextech to capitalize on the $11 billion CAD market. A provisional patent has been filed, enhancing scalability for their ecommerce 3D models. The company plans to offer this CAD to POLY technology as a SaaS product in 2022, which is already in use by select customers. Key players in the CAD market, including Dassault Systemes and Autodesk, have been identified as potential clients.

BIOMEDevice Boston is set to return on September 21-22 at the Boston Convention & Exhibition Center, bringing together the biomedical industry. The event will feature the Startup Stadium, in partnership with the Massachusetts Medical Device Industry Council (MassMEDIC), showcasing emerging medical technology companies. Attendees can expect a full day of educational content, including insights into the medtech investment landscape. With over $100 million in VC funding noted in the life sciences sector, the event highlights the increasing importance of education in navigating this robust investment.

Dassault Systèmes, as of August 31, 2021, reported a total of 1,331,000,349 outstanding shares and 1,991,474,694 voting rights. This figure includes voting rights from all outstanding shares, even those with suspended rights, as outlined under the Autorité des marchés financiers regulations. Shareholders are advised to consult Article 223-11 regarding ownership threshold declarations. For any threshold crossing declarations, investors should contact the company’s Investor Relations Service.

Dassault Systèmes announced the deployment of its DELMIA Quintiq applications at BMW Group production sites in Dingolfing, Leipzig, and Regensburg for E-Drive components.

The program aims to enhance manufacturing efficiency and decision-making amid evolving automotive supply chains. By synchronizing demand and lowering costs, the application is designed to optimize productivity and inventory levels. This deployment represents a significant step in BMW's digital transformation strategy to meet rising demand for electric vehicles.

AllStripes has successfully completed a $50 million Series B funding round, led by Lux Capital and supported by JAZZ Venture Partners and others. This financing aims to launch 100 new rare disease research programs and enhance the company's technology and operational capabilities. Currently partnering with over 30 advocacy organizations, AllStripes strives to improve research insights and empower patient engagement in rare diseases. The investment aims to increase treatment options for patients, addressing the 7,000 rare diseases with only 5% having available treatments.

Dassault Systèmes announced the total number of its outstanding shares and voting rights as of July 31, 2021. The company reported 1,330,538,497 outstanding shares post a five-for-one stock split effective July 7, 2021. The total number of voting rights is 1,991,139,902, including those with suspended rights. Shareholders are advised to refer to the applicable regulations for threshold crossings. Declarations for crossing thresholds should be directed to the Investors Relations Service.

Dassault Systèmes has announced the availability of its 2021 Half-Year Financial Report as of June 30, 2021, compliant with IFRS standards. This report outlines the company's financial positions and is filed with the French Autorité des marchés financiers. Interested parties can access the report online or request a hard copy from the company's headquarters. Dassault Systèmes continues to be a leader in 3D design software and Product Lifecycle Management (PLM) solutions, serving over 290,000 customers worldwide.

Dassault Systèmes reported strong Q2 2021 results, with diluted EPS soaring by 118% to €0.14, while non-IFRS EPS increased 45% to €0.22. Total revenue grew 14% to €1.16 billion, bolstered by a 15% rise in organic software revenue, particularly in licenses (up 38%). The company raised its full-year guidance, now expecting revenue growth of 10%-11% and EPS growth of 23%-25%. Cash flow from operations also grew by 21%, totaling €1.03 billion for H1 2021, supporting a robust financial position.

On July 27, 2021, Dassault Systèmes announced that the Boticário Group, the world's largest beauty franchise, has adopted its 3DEXPERIENCE platform to enhance the manufacturing of over 300 million products annually. This digital transformation aims to improve shop floor management at two Brazilian production plants, focusing on increased visibility, reduced inventory costs, and higher product quality. The initiative is part of Boticário's growth strategy, addressing manufacturing complexities while fostering competitiveness and regulatory compliance in the beauty industry.