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Jun 30, 2020
ANSYS Q2 2020 Earnings Report
Reported record revenue, ACV, and operating cash flow in Q2.
Key Takeaways
ANSYS reported a strong Q2 with revenue, operating margins, and earnings exceeding financial guidance, closing the largest deal in its 50-year history and the largest sales agreement for new business.
GAAP revenue of $385.7 million and non-GAAP revenue of $389.7 million.
GAAP diluted earnings per share of $1.11 and non-GAAP diluted earnings per share of $1.55.
GAAP operating profit margin of 29.3% and non-GAAP operating profit margin of 42.9%.
Deferred revenue and backlog of $846.5 million at June 30, 2020.
Forward Guidance
The Company currently expects the following for the quarter ending September 30, 2020:
Historical Earnings Impact
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Avg. Return Before/After Earnings
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