Investing.com - Dassault Systemes reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Dassault Systemes announced earnings per share of €0.80 on revenue of €1.03B. Analysts polled by Investing.com anticipated EPS of €0.79 on revenue of €1.07B.
Dassault Systemes shares are up 4% from the beginning of the year and are trading at €152.50 , down-from-52-week-high.They are outperforming the CAC 40 which is down 18.85% from the start of the year.
Dassault Systemes follows other major Technology sector earnings this month
Dassault Systemes's report follows an earnings missed by STMicroelectronics on Thursday, who reported EPS of €0.22 on revenue of €2.25B, compared to forecasts EPS of €0.24 on revenue of €2.22B.
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