Dassault Systemes SA Issues Q1 2013 and FY 2013 Guidance Below Analysts' Estimates; Acquires Square Clock

Thursday, 7 Feb 2013 01:00am EST 

Dassault Systemes SA announced that its initial fiscal year 2013 financial objectives are as follows: first-quarter fiscal year 2013 non-IFRS total revenue objective of about EUR 470 to EUR 480 million, growing 5% to 7% excluding currency effects, non-IFRS operating margin of about 28– 29% and non-IFRS earnings per share (EPS) of about EUR 0.71 to EUR 0.76; fiscal year 2013 non-IFRS revenue growth objective range of about 5% to 7% in constant currencies (EUR 2.06 to EUR 2.09 billion based upon the fiscal year 2013 currency exchange rate assumptions); fiscal year 2013 non-IFRS operating margin of about 32%, up slightly compared to fiscal year 2012; fiscal year 2013 non-IFRS EPS range of about EUR 3.45 to EUR 3.60, representing growth of about 2% to 7%. According to I/B/E/S Estimates, analysts on average are expecting the Company to report first-quarter fiscal year 2013 revenue of EUR 511.68 million, first-quarter fiscal year 2013 EPS of EUR 0.80, fiscal year 2013 revenue of EUR 2.226 billion and fiscal year 2013 EPS of EUR 3.84. The Company also announced that it acquired SquareClock, a start-up providing cloud-based, SaaS-delivered 3D, space planning solutions for residential, professional and shop design purposes. Financial terms were not disclosed. 

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