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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.
Revenue by Segment
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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