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ANSS

Ansys

$270.58 /

+4.22 (+1.58%)

16:30
02/26/20
02/26
16:30
02/26/20
16:30

Ansys reports Q4 adj. EPS $2.24, consensus $1.98

Reports Q4 revenue $486.23M, consensus $469.41M. Ajei Gopal, Ansys president and CEO, stated, "Q4 was an outstanding quarter concluding a stellar 2019. We grew double digits across revenue and ACV for the quarter and the year, and I am confident we are tracking towards our 2022 objective of $2 billion in ACV. Our strong execution is a solid testament to the underlying momentum in our business and I am proud of the numerous milestones we accomplished in 2019. We extended our market and technology leadership and differentiated our multiphysics product portfolio both organically, as well as through strategic acquisitions, and expanded our partner ecosystem. Our vision of making simulation pervasive across the product lifecycle is resonating with customers and partners and we believe we are in the early innings of transformative growth and driving long-term value creation in 2020 and beyond."

  • 27

    Feb

  • 11

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ANSS Ansys
$270.58 /

+4.22 (+1.58%)

02/19/20 Baird
Ansys assumed with an Outperform at Baird
02/10/20 Citi
Ansys downgraded to Neutral from Buy at Citi (Friday)
02/07/20 Citi
Ansys downgraded to Neutral from Buy at Citi
01/02/20 Needham
Ansys downgraded to Hold from Buy at Needham

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