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by Jeff Moad, MA Editorial Staff Posted on Thursday, February 14, 2008 4:36:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox   | Abstract: | After bringing in-house the sales channel it once outsourced to IBM, the PLM provider says related distractions dampened sales, but predicts a robust 2008. |
| Keywords: | Dassault quarter earning, Dassault earnings |
Feeling negative repercussions from major changes in its sales channels, Dassault today reported slowing sales and earnings for its fourth quarter, which ended Dec. 31, 2007. The provider of 3D design and product lifecycle management (PLM) software tools reported fourth-quarter revenue of €363.1 million, up 4% compared with the €349.4 million in revenue the company reported for the fourth quarter of 2006. An 8% quarterly improvement brought software revenue to €308.3 million. Dassault reported a 2% drop in net income for the quarter to €76.6 million, compared with net earnings of €78.2 million in the like period a year ago. [Click to continue]  |
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