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DASSAULT SYSTEMES SA ADR - DASTY STOCK NEWS

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Dassault Systèmes, known as the 3DEXPERIENCE company, provides virtual universes for sustainable innovations. Their solutions revolutionize product design, production, and support, fostering social innovation and bringing value to over 220,000 customers globally. With a range of cutting-edge software products like CATIA, SOLIDWORKS, ENOVIA, and more, Dassault Systèmes is a leader in transforming the virtual world to enhance the real world.

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Dassault Systèmes reported strong results for Q3 2022, with total revenue increasing by 8% to €1.37 billion and software revenue also up 8%. The company’s diluted EPS rose 20% to €0.16, surpassing expectations. Recurring revenue contributed significantly, constituting 82% of total software revenue. The firm reaffirmed its 2022 revenue growth target of 9%-10% and increased its diluted EPS target to €1.12-€1.14. Key growth areas included cloud software, up 21%, and 3DEXPERIENCE revenue, which grew 15%.

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Dassault Systèmes has launched its new brand OUTSCALE, aiming to become the leading sovereign and sustainable operator of trusted business experience as a service. OUTSCALE transitions from providing infrastructure as a service to offering a three-tier experience cloud for enhanced cyber governance. This includes dedicated, private, and international clouds, enabling secure collaboration. The initiative will be led by a seasoned team, enhancing OUTSCALE’s value proposition across various industries while addressing the growing demand for digital autonomy.

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Docaposte, Dassault Systèmes, Bouygues Telecom, and Banque des Territoires have established NUMSPOT, a new entity focused on providing trusted cloud services in Europe. This collaboration aims to address the specific needs of the financial, health, and public sectors in France. Launching in 2023, NUMSPOT intends to deliver secure, scalable, and compliant solutions built on Dassault's SecNumCloud-certified infrastructure. The initiative promotes data sovereignty and aims to create a European ecosystem for enhanced digital trust and innovation.

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Dassault Systèmes has partnered with Sanofi to enhance production at Sanofi's upcoming EVolutive Facilities in France and Singapore. Utilizing the 3DEXPERIENCE platform, the partnership aims to design, qualify, and operate modular production lines. This collaboration will facilitate the creation of virtual twins to improve agility and performance in manufacturing. Sanofi expects to achieve faster implementation of changes and enhance its product pipeline while minimizing environmental impact. The partnership is expected to accelerate the introduction of new products through improved operational flexibility.

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Dassault Systèmes announced the number of outstanding shares and voting rights as of September 30, 2022. The total number of outstanding shares is 1,334,552,305, while the total voting rights count is 2,000,557,189. This information complies with articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers. Shareholders are advised to refer to Article 223-11 for further details on threshold declarations.

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Asda, the third-largest grocer in the U.K., has selected Dassault Systèmes’ solutions to enhance its transport operations. By deploying the “Perfect Logistics” plan, powered by DELMIA Quintiq, Asda aims to improve efficiency and sustainability while serving over 18 million customers weekly. This integration will streamline logistics from suppliers to distribution centers, optimizing delivery routes and reducing costs. The move also supports environmental goals by minimizing empty mileage and emissions, showcasing Asda’s focus on innovative service offerings in a competitive market.

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Dassault Systèmes announced the number of outstanding shares and voting rights as of August 31, 2022. The company has a total of 1,334,365,631 outstanding shares. The number of voting rights is reported as 2,000,241,491, calculated on the total outstanding shares, including those with suspended voting rights. Shareholders are reminded to declare any crossing of thresholds to the Investor Relations Service. For more information, Dassault Systèmes serves over 300,000 customers in over 140 countries, focused on sustainable innovations through virtual twin experiences.

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Dassault Systèmes announced the total number of its outstanding shares and voting rights as of July 31, 2022. The company reported 1,334,109,839 outstanding shares and 2,000,082,728 voting rights. The voting rights are calculated based on the total number of outstanding shares, including those with suspended rights. Shareholders are reminded to refer to Article 223-11 of the Autorité des marchés financiers for details on declaring threshold crossings. The company serves over 300,000 customers globally, promoting sustainable innovation.

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Dassault Systèmes announced the filing of its 2022 Half-Year Financial Report as of June 30, 2022, in compliance with IFRS standards. This report is publicly available for review and includes consolidated financial statements. Investors can access the report on Dassault Systèmes’ website. Hard copies can be requested at their headquarters in France. The company supports over 300,000 customers globally, emphasizing its role in providing collaborative 3D environments for sustainable innovation.

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Dassault Systèmes reported strong second-quarter results, with total revenue rising 11% year-over-year to €1.38 billion. Software revenue also increased 11%, attributed to robust subscription revenue growth of 10% and a 14% increase in licenses. Non-IFRS diluted EPS grew 21% to €0.26, exceeding expectations, though IFRS diluted EPS fell 32% to €0.09 due to a one-time tax dispute charge. The company is reaffirming its full-year revenue growth target of 9%-10% and raising its diluted EPS target to €1.08-€1.10. Strong performance across geographies and product lines signals resilience amidst macroeconomic challenges.

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FAQ

What is the current stock price of DASSAULT SYSTEMES SA ADR (DASTY)?

The current stock price of DASSAULT SYSTEMES SA ADR (DASTY) is $33.78 as of November 22, 2024.

What is the market cap of DASSAULT SYSTEMES SA ADR (DASTY)?

The market cap of DASSAULT SYSTEMES SA ADR (DASTY) is approximately 43.8B.

What does Dassault Systèmes do?

Dassault Systèmes provides virtual universes for sustainable innovations and offers solutions that revolutionize product design, production, and support.

How many customers does Dassault Systèmes serve?

Dassault Systèmes brings value to over 220,000 customers worldwide.

What are some of the key products of Dassault Systèmes?

Some of their key products include CATIA, SOLIDWORKS, ENOVIA, DELMIA, SIMULIA, and more.

In how many countries does Dassault Systèmes operate?

Dassault Systèmes operates in more than 140 countries globally.

What is the mission of Dassault Systèmes?

Dassault Systèmes aims to expand possibilities for the virtual world to improve the real world through their collaborative solutions.

What is the significance of the 3DEXPERIENCE platform?

The 3DEXPERIENCE platform is key to Dassault Systèmes' offerings, providing innovative software solutions for sustainable innovations.

Are there any specific industries that Dassault Systèmes focuses on?

Dassault Systèmes serves customers of all sizes across all industries, bringing value through their world-leading solutions.

What are the trademarks associated with Dassault Systèmes?

Some of the trademarks associated with Dassault Systèmes include 3DEXPERIENCE, CATIA, SOLIDWORKS, ENOVIA, and more.

How does Dassault Systèmes foster social innovation?

Dassault Systèmes fosters social innovation through their collaborative solutions that expand possibilities for the virtual world to positively impact the real world.

Where can I find more information about Dassault Systèmes?

For more information, visit www.3ds.com to explore Dassault Systèmes' innovative solutions and global impact.

DASSAULT SYSTEMES SA ADR

OTC:DASTY

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43.83B
1.31B
0.03%
Software - Application
Technology
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