Dassault Systèmes SE Provides Revenue Guidance for the Third Quarter and Earnings Guidance for the Full Year of 2024
July 09, 2024 at 01:00 pm
Dassault Systèmes SE provided earnings guidance for the year 2024. For the year, the company announced to contain the operating performance of the company, offsetting the lower revenue by the - with lower operating expenses, also down to the net income, they can offset most of it to protect the EPS with still 8% to 11% growth or EUR 1.27 to EUR 1.30. In the current guidance, at the midpoint, they are between 9% to 10% cost on EPS, the revenue midpoint to the EPS.
For the third quarter, the company expects total revenue growth in the range of 4% to 7% with software revenue of 3% to 6%, driven by recurring revenue of 7% to 9%.