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by Jeff Moad, MA Editorial Staff
Posted on Thursday, February 15, 2007 5:30:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox    | Abstract: | The PLM software provider reports double-digit revenues and earnings growth despite relatively flat new license revenues from its flagship CATIA CAD product line. |
| Keywords: | Dassault Systemes, PLM, product lifecycle management, CAD, computer-aided design, license revenue, net income, fourth quarter, Bernard Charles, CATIA, SolidWorks, MatrixOne |
Despite slowing demand for its flagship CATIA computer-aided design (CAD) product, product lifecycle management software purveyor Dassault Systemes yesterday announced positive financial results for its fourth quarter, growing total revenues for the period by 15% and increasing net income by 13%. For the three-month period ended Dec. 31, 2006, Dassault reported total revenues of €349 million, up from €304 million reported in the fourth quarter of 2005. Dassault had net income for the quarter of €78 million, compared to €69 million for the like period a year ago. Dassault President and CEO Bernard Charles, in remarks to financial analysts yesterday, said the company "delivered strong results and met all our objectives." He added, "We believe we have the roadmap in place and are tracking to double revenue and earnings between 2005 and 2010." [Click to continue] |
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