Investing.com - Dassault Systemes reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dassault Systemes announced earnings per share of €0.29 on revenue of €1.37B. Analysts polled by Investing.com anticipated EPS of €0.2819 on revenue of €1.34B.
Dassault Systemes shares are down 2% from the beginning of the year, still down 25.73% from its 52 week high of €56.82 set on November 19, 2021. They are outperforming the OMX Helsinki 25 which is down 4.73% from the start of the year.
Dassault Systemes shares lost 1.89% in intra-day trade following the report.
Dassault Systemes follows other major Information Technology sector earnings this month
Dassault Systemes's report follows an earnings beat by STMicroelectronics on January 27, who reported EPS of €0.82 on revenue of €3.56B, compared to forecasts EPS of €0.7062 on revenue of €3.48B.
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