Dassault Systemes SA (DASTY.PK), a French IT services provider, Tuesday said it now sees lower-than-expected revenue for the second quarter, primarily due to large transaction delays. The company also lowered its full-year outlook.
Dassault Systemes currently sees revenue for the second quarter to be 1.495 billion euros, 4 percent up from last year, but lower than its previous guidance of 1.525 billion euros to 1.555 billion euros.
Earnings per share for the quarter is expected at 0.30 euros, in line with the company's outlook of 0.30 euros to 0.31 euros.
For fiscal 2024, the company now expects revenue to grow 6 percent-8 percent, lower than 8 percent-10 percent growth estimated earlier. EPS is currently expected to grow 8 percent-11 percent, down from 10 percent-12 percent guided earlier.
Second-quarter results are scheduled to be reported on July 25.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.