ANSYS Q1 revenue $466.6M (-8% YoY); GAAP EPS $0.40 vs $1.15; non-GAAP EPS $1.39 vs $1.85

ANSYS INC

2024-Q1 EPS reported $0.40 revenue$466,605,000

GAAP diluted EPS $0.40, down 65% from $1.15 in Q1 2023; non-GAAP EPS $1.39 vs $1.85.
Revenue of $466.6M, down 8% reported and constant currency year-over-year.
Annual Contract Value (ACV) $407.4M, up 2% reported / 3% constant currency.
Company reiterates expectation of double-digit ACV and revenue growth for remaining 2024 quarters.
Earnings conference calls and quarterly/annual guidance suspended due to pending Synopsys acquisition.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ANSYS INC reported Q1 2024 results: revenue $466.6 million, EPS $0.40.

Period: Q1 2024
Revenue: $466.6 million
EPS: $0.40
Result: reported results

Exact text from the filing

Ansys Announces Q1 Financial Results / Q1 2024 Results • Revenue of $466.6 million • GAAP diluted earnings per share of $0.40

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Source: SEC EDGAR

accession 0001013462-24-000014

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