Dassault Systemes Reaffirms Its FY23 Guidance, Sees EPS Of €1.18-€1.20; And Revenue Of €5.94B-€5.99B; For Q3 Sees Revenue Of €1.402-€1.424 And EPS Of €0.26-€0.27
Portfolio Pulse from Benzinga Newsdesk
Dassault Systemes has reaffirmed its FY23 guidance, projecting an EPS of €1.18-€1.20 and revenue of €5.94B-€5.99B. For Q3, the company expects revenue of €1.402-€1.424B and an EPS of €0.26-€0.27. The company's software revenue growth is expected to be 8-9% for FY23 and 9-10% for Q3. The operating margin is projected to be 32.3%-32.6% for FY23 and 30.2%-30.5% for Q3.
July 25, 2023 | 6:57 am
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Dassault Systemes has reaffirmed its FY23 guidance, which could provide stability for the stock. The company's projected revenue and EPS for FY23 and Q3 are in line with market expectations.
The reaffirmation of Dassault Systemes' FY23 guidance indicates that the company is confident in its financial outlook. This could provide stability for the stock as it aligns with market expectations. However, it does not necessarily indicate a significant change in the stock's value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100