Dassault Systemes Revenue Up

Software corporation Dassault Systemes reported increased revenue for Q2 in an earnings report released Tuesday.

Headquartered in Vélizy-Villacoublay, France, Dassault Systemes develops software for 3D product design, simulation, manufacturing and other 3D related products on its 3DEXPERIENCE cloud-based platform.

Total revenue for the company grew 8%, in constant currencies, to €1.45 billion compared to last year. Operating income decreased 14%. Non-IFRS operating income declined 1% to €893.7 million, Dassault reports.

IFRS diluted earnings per share was €0.36, increasing 23%, reports Dassault, impacted by a one-time tax effect in 2022. Non-IFRS diluted earnings per share grew 4% to € 0.56, or 7% in constant currencies.

Cash flow from operations totaled €1.03 billion, a decrease of 2% relative to the same period last year, in line with the evolution of the non-IFRS operating income, the company says.

CEO Bernard Charlès commented: “Our purpose is clear —to provide 3DEXPERIENCE universes that foster sustainable innovation and harmonize product, nature, and life. Recognizing the importance of understanding life itself, we strive to align all sectors from Life Sciences to Manufacturing and Infrastructures.”