A logo of Dassault Systemes SE is seen on a company building in Paris, France, January 27, 2023.
REUTERS/Sarah Meyssonnier Acquire Licensing RightsOct 25 (Reuters) - French software maker Dassault Systemes (DAST.PA) lifted its 2023 outlook for earnings per share (EPS) on Wednesday, after an uptick in subscriptions boosted its third-quarter sales.
The company raised its full-year guidance for diluted EPS to between 1.19 euros and 1.21 euros, compared with a previous target of 1.18-1.20 euros per share, and confirmed annual revenue target for 8-9% growth.
Overall software revenue increased by 12% in the quarter, driven by 21% growth in Europe.
China stayed resilient with mid-single-digit percentage growth in software revenues despite tough economic conditions, the company said.
Persons:
Sarah Meyssonnier, Pierre John Felcenloben, Milla Nissi
Organizations:
Dassault, REUTERS, Thomson
Locations:
Paris, France, Europe, Asia, China, Gdansk