DASSAULT SYSTEMES SA ADR - DASTY STOCK NEWS

physIQ has announced two key appointments to its executive team to enhance its commercialization strategy. John Wilson is now Senior VP and GM of Life Sciences, focusing on customer initiatives and growth. Chris Englerth joins as VP of Marketing, leading marketing efforts to boost brand awareness. These changes aim to strengthen physIQ’s presence in the healthcare market, leveraging its FDA-cleared AI technology for better health outcomes and cost reductions.

Dassault Systèmes announced the number of outstanding shares and voting rights as of April 30, 2022. The company has a total of 1,333,201,486 outstanding shares and 1,994,192,541 voting rights. This declaration adheres to the regulations of the Autorité des marchés financiers. Shareholders are reminded to refer to Article 223-11 for details on declaring crossing thresholds. The company continues to serve over 300,000 customers worldwide, contributing to sustainable innovations through its 3DEXPERIENCE platform.

CyberArk has appointed Simon Mouyal as the new Chief Marketing Officer (CMO), responsible for global marketing strategy. Mouyal brings over 25 years of experience from leading firms like athenahealth, Medidata Solutions, Microsoft, and HP. His role aims to enhance brand awareness and solidify CyberArk’s market position in Identity Security. CEO Udi Mokady expressed confidence in Mouyal’s capabilities to drive demand and accelerate growth. Mouyal is recognized for his strategic marketing leadership and holds an MBA from Grenoble Graduate School of Business.

Dassault Systèmes announces its Combined Shareholders’ Meeting scheduled for May 19, 2022, at its headquarters in Vélizy-Villacoublay, France. Preliminary documents related to the meeting, including the agenda and draft resolutions, are available on the company's website. Shareholders are encouraged to review the 2021 Universal Registration Document filed on March 17, 2022, for essential information about the proposed resolutions. This meeting also follows a recent governance evolution press release from April 27, 2022.

Dassault Systèmes announced strong first-quarter results for 2022, with IFRS diluted EPS up 51% to €0.20 and non-IFRS EPS rising 20% to €0.27. Total revenue increased 8% year-over-year to €1.32 billion, driven by a 10% rise in licenses and other software revenue. Notably, cloud software revenue and 3DEXPERIENCE software revenue both grew 21%. The company raised its non-IFRS diluted EPS target to a growth of 9%-11% for the fiscal year, reflecting sustained positive business momentum and operational efficiency, despite the challenges posed by Russia's invasion of Ukraine.

Dassault Systèmes has announced its future governance structure, effective January 9, 2023, coinciding with the retirement of Chairman Charles Edelstenne. The Board of Directors recommends renewing terms for key leaders during the May 19, 2022, Annual General Meeting. Following the renewal, Edelstenne will transition to Honorary Chairman, while Bernard Charlès will become Chairman and CEO. Pascal Daloz will take on the role of Directeur Général Délégué. This strategic leadership succession aims to ensure stability and continuity in advancing Dassault Systèmes' long-term vision and market presence.

Faurecia has broadened its utilization of Dassault Systèmes’ 3DEXPERIENCE platform to enhance automated guided vehicle (AGV) logistics in its factories. The aim is to improve logistics flow, reduce costs, and ensure timely product delivery. This initiative supports Faurecia’s digital factory program, which optimizes production processes and aims for carbon neutrality by 2030. The enhancements allow for better simulation and planning of factory logistics, addressing the growing complexity of automotive manufacturing.

Eyelit Inc. has appointed Jason Adams as CEO and board member, aiming to enhance its leadership in factory Digital Transformation Solutions. The announcement follows a recent investment from Banneker Partners. Adams brings over 25 years of experience, having held significant roles in various industries, including medical devices and automotive. His leadership is expected to support Eyelit's growth and commitment to meeting changing customer needs in manufacturing. The company specializes in manufacturing execution and quality management solutions across several sectors.

Dassault Systèmes will announce its First Quarter 2022 results on April 27, 2022. The company, a leader in 3D design software, aims to provide insights into its operating performance as of March 31, 2022. A live webcast will take place at 10:00 Paris time, followed by a conference call at 09:00 New York time. Recordings will be accessible via the investor website.