Dassault Systemes - DASTY STOCK NEWS

Dassault Systèmes announced the number of outstanding shares and voting rights as of November 30, 2022. The total outstanding shares amounted to 1,334,891,109, while the total voting rights reached 2,033,581,125. These figures are calculated in accordance with the regulations set by the Autorité des marchés financiers. Shareholders are advised to refer to Article 223-11 regarding the declaration of threshold crossings. For further inquiries, contact the Investor Relations team.

OpenFold, a non-profit AI research consortium, has announced the addition of four new industry members: Bayer, Dassault Systèmes, CHARM Therapeutics, and BaseCamp Research Ltd. This consortium focuses on developing free and open-source software tools for biology and drug discovery. The growth in membership reflects the momentum from previous developments, including the release of a protein structure prediction AI model. OpenFold aims to leverage AI to enhance drug discovery and accelerate research, benefiting academics and biotech firms alike.

Dassault Systèmes announced the number of outstanding shares and voting rights as of October 31, 2022. The company reported a total of 1,334,574,999 outstanding shares and 2,000,650,345 voting rights. This calculation reflects the total number of outstanding shares, including those with suspended voting rights. Shareholders are advised to refer to the specified articles of the Autorité des marchés financiers for details regarding crossing thresholds. The report aims to keep investors informed regarding their voting rights.

Dassault Systèmes announced the trading of its own shares as part of a repurchase program approved on May 19, 2022. During the period from October 27 to October 28, 2022, the company bought back a total of 1,000,000 shares. The average acquisition price per share was approximately €34.55 with a reported total volume of 318,773 shares on October 27 and 280,000 shares on October 28. These transactions reflect the company's commitment to enhancing shareholder value through share buybacks.

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%.

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.

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.

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.