Report
Andrew Lange
EUR 101.80 For Business Accounts Only

Dassault Posts Solid 2Q; Boeing Deal Big Seal of Approval; Shares Moderately Overvalued

Dassault Systemes reported a solid second-quarter result, delivering software revenue and EPS toward the high end of its guidance. However, the firm announced that the strengthening of the euro would have an impact on its full-year guidance and lowered the midpoint of its fiscal 2017 revenue by EUR 50 million to EUR 3.252 billion and its EPS by EUR 0.06 to EUR 2.64. Notably, Dassault signed a partnership extension with Boeing in the quarter. We think the agreement, which covers multiple industry...
Underlying
Dassault Systemes SA

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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