Dassault Systèmes SE (OTCPK:DASTY) Q2 2024 Earnings Conference Call July 25, 2024 4:00 AM ET Company Participants Beatrix Martinez - Vice President, Investor Relations Pascal Daloz - Chief Executive Officer Rouven Bergmann - Chief Financial Officer Conference Call Participants Frederic Boulan - Bank of America Michael Briest - UBS Adam Wood - Morgan Stanley Deepshikha Agarwal - Goldman Sachs Operator Earnings Presentation. At this time, all participants are in a listen-only mode.
Dassault Systèmes, undervalued based on historical valuation multiples. Leading in PLM and Engineering software, it's poised for 1Y or 2Y alpha due to strong near-term growth estimates. Dassault's 3DEXPERIENCE platform drives innovation across industries, with cloud-based solutions and subscription models enhancing cash flow stability. Strong financials with expanding net margins and positive long-term free cash flow growth. Despite competition, Dassault's market share and innovation position it well for continued growth amid Industry 4.0 trends.
French software company Dassault Systemes on Tuesday cut its full-year earnings target citing large transaction delays weighing on its sales.
Dassault Systèmes SE (OTCMKTS:DASTY – Get Free Report) announced a dividend on Monday, April 22nd, NASDAQ reports. Investors of record on Thursday, May 23rd will be paid a dividend of 0.2491 per share by the technology company on Thursday, June 27th. The ex-dividend date is Wednesday, May 22nd. This is a positive change from Dassault Systèmes’s previous dividend of $0.19. Dassault Systèmes Stock Performance Shares of DASTY opened at $41.05 on Monday. The firm has a market cap of $54.94 billion, a P/E ratio of 46.12, a PEG ratio of 6.46 and a beta of 0.93. Dassault Systèmes has a twelve month low of $35.62 and a twelve month high of $53.00. The firm’s 50 day moving average price is $42.49 and its two-hundred day moving average price is $45.59. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.58 and a current ratio of 1.62. Dassault Systèmes (OTCMKTS:DASTY – Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Dassault Systèmes had a return on equity of 18.61% and a net margin of 17.96%. On average, analysts forecast that Dassault Systèmes will post 1.28 EPS for the current fiscal year. Dassault Systèmes Company Profile (Get Free Report) Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.