When PTC announced its Q4 earnings last week, they projected a small drop in revenue for the next quarter.
Today Dassault has similar news. CBS MarketWatch reports that "the market reacted negatively as the company did not raise its earnings outlook for the full year."
In the previous quarter,Autodesk also expected sales to be flat for its Q3. Today, KeyBanc Capital Markets said that it figures "Autodesk would witness difficult yoy [year over year] revenue comparisons over the next few quarters..."
In other news, Dassault continues its takeover of portions of Canada'sRAND. "Dassault added it would acquire RAND Worldwide's subsidiaries in Europe and Russia, and increase its ownership of RAND North America to 70 percent from 60 percent, for 32 million euros," reports CBS MarketWatch.