Dassault Systemes Reports Strong Q2 Financials


                           DASSAULT SYSTEMES
                   CONSOLIDATED STATEMENT OF INCOME
                 RECONCILIATIONS NON-GAAP / U.S. GAAP
             (in millions of Euro, except per share data)

                          Three Months Ended

                                         June 30, 2006
                         ---------------------------------------------

                            U.S. GAAP   Adjustments (1)   Non-GAAP
                         ---------------------------------------------
 New licenses revenue             114.1                         114.1
 Recurring licenses and
  product development
  revenue                         123.9            6.0          129.9
                         ---------------               ---------------
 Software revenue                 238.0                         244.0
 Service and other
  revenue                          42.0                          42.0
                         ---------------               ---------------
 Total Revenue             EUR    280.0                  EUR    286.0

 Software                          12.2                          12.2
 Service and other                 36.1          (0.2)           35.9
                         ---------------               ---------------
 Total Cost of Revenue     EUR     48.3                  EUR     48.1
 Gross Profit              EUR    231.7                  EUR    237.9
 Research and Development          75.3          (1.4)           73.9
 Marketing and Sales               73.2          (0.3)           72.9
 General and
  Administrative                   21.3          (0.4)           20.9
 Amortization of acquired
  intangibles                      12.2         (12.2)              -
                         ---------------               ---------------
 Total Research, Selling,
  Administrative and       EUR    182.0                  EUR    167.7
  Acquisition expenses
                         ===============               ===============
 Operating Income          EUR     49.7                  EUR     70.2
 Financial revenue and
  Other                           (4.0)                         (4.0)
                         ---------------               ---------------
 Income before income
  taxes                            45.7                          66.2
 Income tax expense              (16.3)          (6.5)         (22.8)
                         ---------------               ---------------
 Net Income                EUR     29.4                  EUR     43.4
                         ===============               ===============
 Diluted net income per    EUR     0.25                  EUR     0.37
  share
                         ===============                      ===============
  Diluted  weighted  average
    shares  outstanding  (in
    millions)                                              118.6                                                  118.6

    

                                                                              June  30,  2005
                                                  ---------------------------------------------

                                                        U.S.  GAAP      Adjustments  (1)      Non-GAAP
                                                  ---------------------------------------------
  New  licenses  revenue                            81.9                                                    81.9
  Recurring  licenses  and
    product  development
    revenue                                                    99.0                                                    99.0
                                                  ---------------                              ---------------
  Software  revenue                                  180.9                                                  180.9
  Service  and  other
    revenue                                                    36.4                                                    36.4
                                                  ---------------                              ---------------
  Total  Revenue                          EUR        217.3                                    EUR        217.3

  Software                                                      6.6                                                      6.6
  Service  and  other                                  27.3                                                    27.3
                                                  ---------------                              ---------------
  Total  Cost  of  Revenue          EUR          33.9                                    EUR          33.9
  Gross  Profit                            EUR        183.4                                    EUR        183.4
  Research  and  Development                    60.4                                                    60.4
  Marketing  and  Sales                              53.3                                                    53.3
  General  and
    Administrative                                      14.5                                                    14.5
  Amortization  of  acquired
    intangibles                                              0.5                    (0.5)                            -
                                                  ---------------                              ---------------
  Total  Research,  Selling,
    Administrative  and
    Acquisition  expenses          EUR        128.7                                    EUR        128.2
                                                  ===============                              ===============
  Operating  Income                    EUR          54.7                                    EUR          55.2
  Financial  revenue  and
    Other                                                          3.7                                                      3.7
                                                  ---------------                              ---------------
  Income  before  income
    taxes                                                        58.4                                                    58.9
  Income  tax  expense                            (20.6)                    (0.2)                  (20.8)
                                                  ---------------                              ---------------
  Net  Income                                EUR          37.8                                    EUR          38.1
                                                  ===============                              ===============
  Diluted  net  income  per        EUR          0.32                                    EUR          0.33
    share
                                                  ===============                              ===============
  Diluted  weighted  average
    shares  outstanding  (in
    millions)                                              116.9                                                  116.9

(1)  Adjustments  include  the  effect  of  adjusting  the  carrying  value
of  acquired  companies'  deferred  revenue,  amortization  of  acquired
intangible  assets  and  share-based  compensation  expenses.
 


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



Review Article Be the first to review this article
IMTS 2018 Register Now>>

Featured Video
Jobs
GIS Support Specialist for Palm Beach County at West Palm Beach, Florida
Upcoming Events
SEMICON Taiwan 2018 at Taipei Nangang Exhibition Center 1F&4F Taipei Taiwan - Sep 5 - 7, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Additive Manufacturing Conference 2018 at McCormick Place Convention Center's West Building in Room W375 Chicago IL - Sep 11 - 12, 2018
International Forum on Design for Manufacture and Assembly 2018 at Omni Providence Hotel Providence RI - Sep 11 - 12, 2018
Kenesto: 30 day trial
SolidCAM: See It Live



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 GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise