Investing.com - Dassault Systemes reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dassault Systemes announced earnings per share of €0.22 on revenue of €1.16B. Analysts polled by Investing.com anticipated EPS of €0.1947 on revenue of €1.14B.
Dassault Systemes shares are down 14% from the beginning of the year and are trading at €49.56 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 18.89% from the start of the year.
Dassault Systemes shares gained 4.93% in intra-day trade the report.
Dassault Systemes follows other major Technology sector earnings this month
Dassault Systemes's report follows an earnings missed by STMicroelectronics on Thursday, who reported EPS of €0.51 on revenue of €3.2B, compared to forecasts EPS of €0.519 on revenue of €3.21B.
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