Saturday, August 12, 2017

Dassault Systemes Earnings Analysis

It's not often that long-term considerations overshadow current trading matters on an earnings call, but that was the case with engineering design software company Dassault Systemes(NASDAQOTH:DASTY). In a nutshell, the company is on track with its objectives in 2017, but the announcement of Boeing's (NYSE:BA) decision to adopt Dassault's 3DExperience platform across its commercial aviation, space, and defense work grabbed the attention of investors. Let's take a look at the earnings report and the the Boeing announcement in more detail.

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