Investing.com - Dassault Systemes reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Dassault Systemes announced earnings per share of €0.16 on revenue of €1.37. Analysts polled by Investing.com anticipated EPS of €0.25 on revenue of €1.33B.
Dassault Systemes shares are down 33% from the beginning of the year and are trading at €34.62 , down-from-52-week-high.
Dassault Systemes follows other major Information Technology sector earnings this month
Dassault Systemes's report follows an earnings beat by STMicroelectronics on Thursday, who reported EPS of €1.16 on revenue of €4.32B, compared to forecasts EPS of €1.02 on revenue of €4.23B.
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