Welcome to our dedicated page for Dassault Systemes news (Ticker: DASTY), a resource for investors and traders seeking the latest updates and insights on Dassault Systemes stock.
Dassault Systèmes (DASTY) drives industrial innovation through its 3DEXPERIENCE platform, enabling virtual twin experiences that transform product design and manufacturing processes. This news hub provides investors and industry professionals with essential updates about the company developments shaping digital transformation across aerospace, automotive, and life sciences sectors.
Access official press releases and curated analysis covering strategic partnerships, technology advancements, and financial performance. Our comprehensive collection helps stakeholders track innovations in simulation software, collaborative product lifecycle management, and sustainable production methodologies central to DASTY's market leadership.
Discover updates about the 3DEXPERIENCE ecosystem's impact on digital twin adoption, cloud-based design solutions, and cross-industry applications. Content is organized for efficient navigation while maintaining technical accuracy for engineering professionals and accessibility for general investors.
Bookmark this page for direct access to Dassault Systèmes' latest announcements. Monitor how the company's integrated approach to virtual design continues redefining industrial innovation standards worldwide.
Dassault Systèmes announced solid first quarter results for FY2023, with revenue increasing by 7% to €1.43 billion. Software revenue grew 6%, with a strong subscription increase of 14%, pushing recurring revenue up 10% and representing 84% of total software revenue. Cloud software revenue jumped 17%, and 3DEXPERIENCE software revenue rose 10%. The company reported an IFRS operating margin of 20.8% and a non-IFRS margin of 31%. Even though IFRS diluted EPS declined 3% to €0.19, non-IFRS EPS increased by 1% to €0.28. Notably, cash flow from operations hit a record €783 million, up 24%. The outlook for FY2023 remains optimistic, reaffirming revenue growth of 8%-9% and diluted EPS of €1.18-€1.20.
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