Dassault Systemes Apologizes as 3Q Falls Short of Targets
3Q rev. up 4% ex currencies falls short of targeted growth of 8%-9%, co. says in a statement. * 3Q non-IRS EPS EU0.88, op. margin 31.6% * Co. cites transaction delays caused by lengthening of capex decisions and a shift to rental activity * Co. will reduce its 4Q rev. target because of these two factors and currency weakness in emerging economies * 4Q rev. may be as low as EU565M, which would represent growth of about 5% ex currencies * 4Q non-IFRS EPS target may be EU0.97 and non-IFRS op. margin about 34%, co. says * Co. to give new guidance on Oct. 24.