In Q1 22, software revenue growth (+8%) was in line with guidance (+7-9%) and the non-IFRS operating margin (+1.2pt to 35% of revenue) exceeded the high-end of guidance (32.3-33% of revenue). Asia was the fastest geographic area and Life Sciences solutions and Mainstream Innovation software were the most dynamic with double-digit software revenue growth. Cloud software continued to develop rapidly (+21%) and represented 21% of software revenue. Given a better Q1 22 than expected, 2022 guidance i ....
27 Apr 2022
Good Q1 22, guidance upgraded
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Good Q1 22, guidance upgraded
- Published:
27 Apr 2022 -
Author:
Hélène Coumes -
Pages:
3
In Q1 22, software revenue growth (+8%) was in line with guidance (+7-9%) and the non-IFRS operating margin (+1.2pt to 35% of revenue) exceeded the high-end of guidance (32.3-33% of revenue). Asia was the fastest geographic area and Life Sciences solutions and Mainstream Innovation software were the most dynamic with double-digit software revenue growth. Cloud software continued to develop rapidly (+21%) and represented 21% of software revenue. Given a better Q1 22 than expected, 2022 guidance i ....