Dassault Reports 2008 Q2 Software Revenue Growth

(1) Excluding changes in short-term investments.

(2) Treasury includes cash, cash equivalents and short-term investments.

DASSAULT SYSTEMES

SUPPLEMENTAL NON-GAAP FINANCIAL INFORMATION

U.S. GAAP NON-GAAP RECONCILIATION

(in millions of Euro, except per share data, unaudited)

Readers are cautioned that the supplemental non-GAAP information presented in this press release is subject to inherent limitations. It is not based on any comprehensive set of accounting rules or principles and should not be considered as a substitute for U.S. GAAP measurements. Also, our supplemental non-GAAP financial information may not be comparable to similarly titled non-GAAP measures used by other companies. Further specific limitations for individual non-GAAP measures, and the reasons for presenting non-GAAP financial information, are set forth in todays press release with respect to other operating income and expense, net and in the Companys annual report for the year ended December 31, 2007 on Form 20-F filed with the SEC on April 4, 2008 for the other non-GAAP financial measures. To compensate for these limitations, the supplemental non-GAAP financial information should be read not in isolation, but only in conjunction with our consolidated financial statements prepared in accordance with U.S. GAAP.

In millions of Euros, except per share data and percentages Three months ended June 30, Variation
2008 Adjustment (1) 2008 2007 Adjustment (1) 2007 U.S. GAAP Non-GAAP (2)
U.S. GAAP non-GAAP U.S. GAAP non-GAAP
Total Revenue 326.2 305.7 3.1 308.8 7% 6%
Total Revenue breakdown by activity
Software revenue 278.0 253.3 3.1 256.4 10% 8%
New Licenses 101.2 96.2 5%
Product Development (0.1) 1.0 --
Periodic Licenses and Maintenance 176.9 156.1 3.1 159.2 13% 11%
Recurring portion of Software revenue 64% 62% 62%
Services and other revenue 48.2 52.4 (8%)
Total Software Revenue breakdown by segment
PLM software revenue 211.6 190.8 2.2 193.0 11% 10%
of which CATIA software revenue 126.6 110.9 0.2 111.1 14% 14%
of which ENOVIA software revenue 43.3 40.3 2.0 42.3 7% 2%
Mainstream 3D software revenue 66.4 62.5 0.9 63.4 6% 5%
Total Revenue breakdown by geography
Americas 95.9 93.6 1.5 95.1 2% 1%
Europe 157.1 140.8 1.2 142.0 12% 11%
Asia 73.2 71.3 0.4 71.7 3% 2%
Total Operating Expenses 261.6 (17.2) 244.4 250.9 (14.3) 236.6 4% 3%
Stock-based compensation expense 4.7 (4.7) - 3.4 (3.4) - -- --
Amortization of acquired intangibles 10.4 (10.4) - 10.9 (10.9) - -- --
Other operating income and expense, net 2.1 (2.1) - 0.0 -- --
Operating Income 64.6 17.2 81.8 54.8 17.4 72.2 18% 13%
Operating Margin 19.8% 25.1% 17.9% 23.4%
Income before Income Taxes 64.6 17.2 81.8 58.1 17.4 75.5 11% 8%
Income tax expense (22.0) (4.7) (26.7) (20.1) (5.3) (25.4) -- --
Income tax effect of adjustments above 4.7 (4.7) - 5.3 (5.3) - -- --
Minority interest (0.1) (0.1) --
Net Income 42.5 12.5 55.0 37.9 12.1 50.0 12% 10%
Diluted Net Income Per Share (3) 0.36 0.10 0.46 0.31 0.11 0.42 16% 10%

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17  Next Page »
Featured Video
Editorial
Jobs
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Engineer 3 for Lam Research at Fremont, California
Upcoming Events
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Additive Manufacturing Forum 2025 at Estrel Convention Cente Berlin Germany - Mar 17 - 18, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise