Ansys Announces Q4 and FY 2024 Financial Results
/ Q4 2024 Results Revenue of $882.2 million GAAP diluted earnings per share of $3.21 and non-GAAP diluted earnings per share of $4.44 GAAP operating profit margin of 40.3% and non-GAAP operating profit margin of 53.3% Operating cash flows of $258.0 million and unlevered operating cash flows of $266.8 million Annual contract value (ACV) of $1,094.6 million / FY 2024 Results Revenue of $2,544.8 million GAAP diluted earnings per share of $6.55 and non-GAAP diluted earnings per share of $10.91 GAAP operating profit margin of 28.2% and non-GAAP operating profit margin of 45.7% Operating cash flows of $795.7 million and unlevered operating cash flows of $834.6 million ACV of $2,563.0 million Deferred revenue and backlog of $1,718.3 million on December 31, 2024 PITTSBURGH, Feb. 19, 2025 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ: ANSS), today reported fourth quarter 2024 revenue of $882.2 million, an increase of 10% in reported currency, or 11% in constant currency, when compared to the fourth quarter of 2023. For FY 2024, revenue growth was 12% in reported currency, or 13% in constant currency, when compared to FY 2023.
Ansys to Report Q4 Earnings: Here's What Investors Must Know
ANSS' Q4 performance is likely to have benefited from heightened demand for its simulation products in the automotive, aerospace and high-tech markets.
Ansys and Concepts NREC Introduce Automated Workflow for Turbomachinery Design and Analysis
Ansys expands partnership with Concepts NREC by integrating CFD analysis software into blade design software for an end-to-end workflow that speeds time-to-market / Key Highlights Joint customers can now run Ansys CFX® computational fluid dynamics (CFD) software for turbomachinery applications from within the Concepts NREC's AxCent® for 3D turbomachinery component design The partnership enables designers to quickly evaluate machine performance with increased predictive accuracy — shortening design cycles and improving performance for applications including compressors, turbines, pumps, fans, and turbochargers PITTSBURGH , Feb. 11, 2025 /PRNewswire/ -- Ansys (NASDAQ: ANSS) and Concepts NREC have partnered to deliver an automated workflow that connects design tools with robust analysis tools for turbomachinery applications. Integrating CFX into AxCent enables designers to quickly evaluate machine performance with increased predictive accuracy — shortening design cycles and improving performance for applications including compressors, turbines, pumps, fans, and turbochargers.
Ansys 2025 R1 Increases Collaboration, Expands Cloud and AI Functionality, and Delivers Data-Driven Insights with Powerful Digital Engineering Technology
Digital engineering-enabling technologies connect parallel workstreams, reducing costly prototyping, facilitating cross-functional collaboration, and accelerating time-to-market / Key Highlights The Ansys SimAI™ cloud-enabled artificial intelligence solution now allows users to expand the training data to gain further insight during post-processing New capabilities in the Ansys System Architecture Modeler (SAM)™ include support for SysML v2, enabling more optimized product designs and significant time savings by creating tighter connections across teams while making product requirements accessible and scalable across the engineering organization CFD HPC Ultimate is a new product that enables enterprise-level computational fluid dynamics (CFD) capabilities for one job on multiple CPU cores or GPUs — without the need for additional high-performance computing (HPC) licenses PITTSBURGH , Feb. 4, 2025 /PRNewswire/ -- Ansys (NASDAQ: ANSS) 2025 R1 features refined digital engineering-enabling technologies that easily integrate with existing infrastructure, minimizing disruption and empowering teams to collaborate on more innovative products. Supercharged by the power of AI, cloud computing, GPUs, and HPC, Ansys R1 enhancements enable faster, collaborative decision-making, broader design exploration, and reduced product design timelines.
Ansys to Release Fourth Quarter and FY 2024 Earnings on February 19, 2025
PITTSBURGH , Jan. 23, 2025 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its fourth quarter and FY 2024 earnings on Wednesday, February 19, 2025, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.
Stocks This Month: Buy ANSYS And KLA
The monthly NASDAQ composite cycle bottomed last week. There may be a minor pullback next month, but the overall uptrend is intact.
Ansys Report Highlights Simulation's Role in Improving Sustainability Across Industries
Ansys introduces a new methodology for early-stage and life cycle design that quantifies the impact of simulation on sustainability initiatives, helping companies predict ROI / Key Highlights Companies can use Ansys simulation to measure direct, indirect, and downstream greenhouse gas (GHG) emissions across the product life cycle Ansys' sustainability solutions enable environmental impact analysis, resulting in reduced carbon emissions, waste generation, and lower material, energy, and water consumption The report describes Ansys use cases deployed at Danfoss Drives, Infineon, and Mars PITTSBURGH , Dec. 17, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today released a report presenting a new methodology for using simulation to measure and assess the sustainability impact of decisions made during early design stages and throughout the product life cycle. The report incorporates research and analytical support from McKinsey & Co detailing how this methodology was used at Danfoss Drives, Infineon, and Mars.
Why Bokeh Capital's Kim Forrest favors Ansys
Kim Forrest, chief investment officer at Bokeh Capital Partners, joins The Exchange to discuss the small-cap trade, her thesis behind favoring Ansys, and more.
ANSS & Microelectronics Commons Partner to Boost National Security
Ansys gets a contract to supply digital engineering solutions to the Microelectronics Commons to advance national security.
Ansys Government Initiatives Selected to Join Microelectronics Commons to Support National Security
Funded by the CHIPS Act, Microelectronics Commons will rely on Ansys digital engineering technology to support the evolution of domestically manufactured semiconductors / Key Highlights Microelectronics Commons (Commons) network has eight regional technology hubs focused on spurring domestic innovation in 5G/6G, artificial intelligence (AI), electromagnetic (EM) spectrum dominance, Internet-of-Things (IoT) computing, and quantum and leap-ahead technologies Ansys will provide services to six of the eight hubs through the Cross Hub Enablement Solution (CHES) program — MMEC, CA DREAMS, NEMC, NORDTECH, NW AI, SWAP Ansys Government Initiatives (AGI) — the United States national security division of Ansys — will work with industry, academic, and government organizations to produce mature prototypes to demonstrate the lab-to-fab concept, enabling a more robust workforce and enhancing the ME technology supply chain PITTSBURGH , Nov. 21, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) has been awarded a contract to supply digital engineering solutions to the Microelectronics Commons to advance national security. The Commons network will have access to nearly 90% of the Ansys simulation suite, including industry-leading semiconductor, electronics, and photonics products to drive the next wave of microelectronics innovation.
ANSS, Vertiv Team Up to Boost Data Center Cooling for Next-Gen Designs
Vertiv transforms its design processes and accelerates innovation using Ansys' Minerva and optiSLang simulation tools.
ANSYS' Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y
ANSS' Q3 revenues are driven by strong solid multi-year lease growth. It expects 2024 ACV to grow in double-digits.
