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 »



Review Article Be the first to review this article

Harris

Featured Video
Jobs
Geospatial Analyst/Programmer for LANDIQ at Sacramento, California
Product Manager for CHA Consulting, Inc. at Boston, Massachusetts
Software Developer for CHA Consulting, Inc. at Norwell, Massachusetts
Senior Structural Engineer for Wiss,Janney, Estner Assoicates, Inc at houston, Texas
System Designer/Engineer for Bluewater at Southfield, Michigan
BIM Manager for Eagle Point Software Corporation at Dubuque, Iowa
Upcoming Events
GEOINT 2018 Symposium at 333 S Franklin St Tampa FL - Apr 22 - 25, 2018
GITA Pacific Northwest Annual Conference at Mukilteo WA - Apr 23 - 24, 2018
FME World Tour 2018 at Frankfurt Germany - Apr 24, 2018
GENEQ
Canon: oce crystalPoint
Teledyne Optech
Teledyne:



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise