Dassault Systèmes (OTCMKTS:DASTY) Releases Q3 2024 Earnings Guidance

Dassault Systèmes (OTCMKTS:DASTY) updated its third quarter 2024 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.310-0.319 for the period, compared to the consensus estimate of 0.330. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. Dassault Systèmes also updated its FY 2024 guidance to 1.397-1.430 EPS.

Dassault Systèmes Stock Performance

OTCMKTS:DASTY traded down $0.64 on Thursday, reaching $36.61. 103,557 shares of the company’s stock were exchanged, compared to its average volume of 104,893. The firm has a market cap of $49.00 billion, a price-to-earnings ratio of 32.39, a P/E/G ratio of 3.44 and a beta of 0.91. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.72 and a quick ratio of 1.72. The stock has a fifty day simple moving average of $38.97 and a 200-day simple moving average of $42.98. Dassault Systèmes has a 52 week low of $35.62 and a 52 week high of $53.00.

Dassault Systèmes (OTCMKTS:DASTY) last announced its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28. Dassault Systèmes had a net margin of 17.96% and a return on equity of 18.30%. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. As a group, sell-side analysts predict that Dassault Systèmes will post 1.28 earnings per share for the current year.

About Dassault Systèmes

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.