Investing.com - Dassault Systemes reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Dassault Systemes announced earnings per share of €0.16 on revenue of €1.37. Analysts polled by Investing.com anticipated EPS of €0.25 on revenue of €1.33B.
Dassault Systemes shares are down 33% from the beginning of the year, still down 39.07% from its 52 week high of €56.82 set on November 19, 2021.
Dassault Systemes follows other major Information Technology sector earnings this month
Dassault Systemes's report follows an earnings beat by STMicroelectronics on Thursday, who reported EPS of €1.16 on revenue of €4.32B, compared to forecasts EPS of €1.02 on revenue of €4.23B.
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