In a departure from the recurring theme of this quarter's earnings season, engineering and design software company Dassault Systemes (NASDAQ Other:DASTY)
saw a benefit from currency effects in its recent first-quarter
results. Of course, it's a French company and reports in euros, so don't
be fooled by the startling headline revenue increase of 32%.
Nevertheless, the company's constant currency revenue growth of 19% is
still very strong. In addition, the company is tracking significantly
ahead of company expectations for the full year. Let's look at the
underlying themes in the earnings report and what to expect going
forward.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
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