DASTY - Dassault Systemes - Q4 Should Provide Some Short-Term Entry Point
Dassault Systèmes (OTCPK:DASTY; [ETR: DSY]) is scheduled to release its full Q4 financial figures on February 6, including Q1 and 2020 outlook. Since our first publication, the stock went up by c. 12%, reflecting favorable mid-term prospects as the company smoothly transitions into the SaaS world, which we also discussed in length in our article (“Dassault Systèmes - Go Long after Temporary Headwind after Upcoming Q4 Results”).
We expect to see mixed Q4 results, driven by strong performance in recurring revenues; however, somewhat overshadowed by weak license sales as Dassault