Q3 23 was strong and beat expectations. Software revenue growth outpaced the guidance thanks to higher-than-expected licences revenue and a growth acceleration for subscription revenue. There was positive news on the non-IFRS operating margin (31% of revenue, above the guidance). The signature of large deals for the 3DEXPERIENCE platform was effectively a positive surprise in the current economic environment. The outperformance of Industrial Innovation software more than offset the weakness of L ....
