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COFES Blog
By Steve Wolfe on
7/30/2010 12:25 PM
July 29, 2010 – Dassault Systèmes (Paris: DSY) reported a 24 percent rise in revenue (in euros) and a 90 percent increase in net income for the quarter ended June 30, 2010. However, this seemingly stellar performance was not the result of increased demand for Dassault Systèmes engineering-software products. Most of the rise appears due to two factors: the acquisition by Dassault Systèmes of IBM’s PLM marketing business and the eight percent drop in the value of the euro compared with the US dollar.
Figure 1 - Dassault Systèmes quarter revenues in euros look strong.
(Click image for an enlarged view.)
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By Steve Wolfe on
7/30/2010 9:21 AM
July 27, 2010 – Parametric Technology Corporation’s new license revenues soared 36 percent compared with the like quarter a year ago. New licenses are a harbinger of better times, because consulting and annual maintenance are almost sure to follow. During the economic downturn, large customers delayed big software projects, from which PTC derives a growing share of its business.
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