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Mar 31, 2023
ANSYS Q1 2023 Earnings Report
ANSYS reported record Q1 ACV, revenue, diluted EPS, and operating cash flow, and operationally increased its FY 2023 outlook on ACV, revenue, and EPS.
Key Takeaways
ANSYS reported a strong start to 2023 with double-digit ACV and revenue growth, exceeding financial guidance across all key metrics. The company's performance was broad-based across geographies, customer types, and industries.
GAAP and non-GAAP revenue reached $509.4 million.
GAAP diluted earnings per share were $1.15, and non-GAAP diluted earnings per share were $1.85.
GAAP operating profit margin was 25.1%, and non-GAAP operating profit margin was 39.8%.
ACV reached $399.4 million.
ANSYS
ANSYS
Forward Guidance
The Company is operationally raising its full-year ACV, revenue and EPS.