ANSYS (ANSS) Tops Q3 EPS by 3c; Issues Light Outlook

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Go back to ANSYS (ANSS) Tops Q3 EPS by 3c; Issues Light Outlook

ANSYS acquires KPIT medini Technologies

November 3, 2016 7:10 AM EDT

PITTSBURGH, Nov. 3, 2016 /PRNewswire/ --  ANSYS (NASDAQ: ANSS), the global leader and innovator of engineering simulation software, announced today that it has acquired Berlin-based KPIT medini Technologies AG, a leading provider of systems safety analysis solutions.

As products from mobile phones to automobiles become smarter and more complex, the need to simulate the entire system, and not just its components, is increasing rapidly. That added complexity provides new ways for... More

ANSYS, Inc. Reports Q3 2016 Financial Results Reflecting Solid Margin, EPS and Cash Flow Performance

November 3, 2016 7:09 AM EDT

Quarterly Highlights:

GAAP and non-GAAP revenue of $245.9 million GAAP diluted earnings per share of $0.78 and non-GAAP diluted earnings per share of $0.95 GAAP operating profit margin of 40.7% and non-GAAP operating profit margin of 49.6%Deferred revenue and backlog of $484.8 million at September 30, 2016Repurchased 1.2 million shares in the third quarter at an average price of $95.44 and 2.7 million shares in the first nine months at an average price of $90.11

PITTSBURGH, Nov. 03, 2016 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ:... More