ANSYS Q1 2021 Earnings Report
Key Takeaways
ANSYS reported a strong first quarter in 2021, with double-digit revenue and earnings growth. GAAP revenue reached $363.2 million and non-GAAP revenue reached $372.1 million. The company saw strong channel and small- and medium-sized account performance, contributing to both ACV and revenue growth.
GAAP revenue of $363.2 million and non-GAAP revenue of $372.1 million.
GAAP diluted earnings per share of $0.82 and non-GAAP diluted earnings per share of $1.12.
GAAP operating profit margin of 13.8% and non-GAAP operating profit margin of 33.5%.
Annual contract value (ACV) of $319.4 million.
ANSYS
ANSYS
Forward Guidance
The Company's second quarter and fiscal year 2021 revenue and diluted earnings per share guidance is provided below. The Company is also providing its fiscal year 2021 guidance for ACV and operating cash flows.