Dassault Systèmes (OTCMKTS:DASTY) Issues FY 2024 Earnings Guidance

Dassault Systèmes (OTCMKTS:DASTY) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.397-1.430 for the period, compared to the consensus earnings per share estimate of 1.390. The company issued revenue guidance of $6.9 billion-$7.0 billion, compared to the consensus revenue estimate of $6.9 billion. Dassault Systèmes also updated its Q3 2024 guidance to 0.310-0.319 EPS.

Dassault Systèmes Stock Performance

Shares of DASTY traded down $0.13 during mid-day trading on Thursday, hitting $36.48. 118,362 shares of the company’s stock were exchanged, compared to its average volume of 136,796. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.25. Dassault Systèmes has a 52 week low of $35.62 and a 52 week high of $53.00. The stock’s 50-day simple moving average is $38.88 and its 200-day simple moving average is $42.93. The firm has a market cap of $48.83 billion, a price-to-earnings ratio of 40.99, a price-to-earnings-growth ratio of 3.44 and a beta of 0.91.

Dassault Systèmes (OTCMKTS:DASTY) last issued its quarterly earnings results on Thursday, April 25th. The technology company reported $0.28 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.28. The business had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.63 billion. Dassault Systèmes had a return on equity of 18.30% and a net margin of 17.96%. On average, equities research analysts expect that Dassault Systèmes will post 1.28 EPS 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.