https://assets.capyfin.com/instruments/678fdc13234e27009c5d59ff.png avatar
ANSYS
🇺🇸 NASDAQ:ANSS
View Company
OverviewEarningsDividends
•
Jun 30, 2024

ANSYS Q2 2024 Earnings Report

ANSYS reported Q2 2024 earnings with revenue of $594.1 million and GAAP EPS of $1.48.

Key Takeaways

ANSYS announced Q2 2024 financial results, with revenue reaching $594.1 million, a 20% increase compared to Q2 2023. The company reported GAAP diluted earnings per share of $1.48 and non-GAAP diluted earnings per share of $2.50. ACV grew by 7% to $520.5 million.

Revenue for Q2 2024 reached $594.1 million, reflecting a 20% increase year-over-year.

GAAP diluted earnings per share stood at $1.48, while non-GAAP diluted earnings per share was $2.50.

Annual contract value (ACV) amounted to $520.5 million, representing a 7% growth compared to the prior year.

Deferred revenue and backlog totaled $1,394.0 million as of June 30, 2024.

Total Revenue
$594M
Previous year: $497M
+19.6%
EPS
$2.5
Previous year: $1.6
+56.2%
Annual Contract Value
$521M
Previous year: $488M
+6.6%
Gross Profit
$525M
Previous year: $428M
+22.5%
Cash and Equivalents
$1.12B
Previous year: $478M
+134.2%
Free Cash Flow
$67.4M
Total Assets
$7.32B
Previous year: $6.61B
+10.8%

ANSYS

ANSYS

ANSYS Revenue by Segment

ANSYS Revenue by Geographic Location

Forward Guidance

Ansys has suspended quarterly earnings conference calls and is no longer providing quarterly or annual guidance due to the pending transaction with Synopsys.

Company Overview

Full financial data and analysis

View ANSYS