Investing.com - Dassault Systemes reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Dassault Systemes announced earnings per share of €0.8 on revenue of €1.07B. Analysts polled by Investing.com anticipated EPS of €0.77 on revenue of €1.07B.
Dassault Systemes shares are up 4% from the beginning of the year and are trading at €153.85 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 10.15% from the start of the year.
Dassault Systemes follows other major Technology sector earnings this month
Dassault Systemes's report follows an earnings beat by STMicroelectronics on Thursday, who reported EPS of €0.09 on revenue of €1.8B, compared to forecasts EPS of €0.05 on revenue of €1.81B.
Ingenico had missed expectations on Wednesday with second quarter EPS of €1.39 on revenue of €584M, compared to forecast for EPS of €1.94 on revenue of €899M.
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