ANSYS Q3 2020 Earnings Report
Key Takeaways
ANSYS reported a strong third quarter with GAAP revenue of $367.0 million and non-GAAP revenue of $369.1 million, representing a 7% increase compared to the third quarter of 2019. The company's GAAP diluted earnings per share were $0.87, while non-GAAP diluted earnings per share were $1.36. A record third quarter balance of deferred revenue and backlog of $880 million, an increase of 35% over the third quarter of 2019 was reported.
GAAP revenue of $367.0 million and non-GAAP revenue of $369.1 million were reported.
GAAP diluted earnings per share of $0.87 and non-GAAP diluted earnings per share of $1.36 were achieved.
GAAP operating profit margin was 24.5% and non-GAAP operating profit margin was 39.8%.
Deferred revenue and backlog reached $879.9 million at September 30, 2020, a 35% increase year-over-year.
ANSYS
ANSYS
Forward Guidance
The Company currently expects revenue between $541.1 - $581.1 million (GAAP) and $542.3 - $582.3 million (Non-GAAP) and diluted earnings per share between $1.93 - $2.29 (GAAP) and $2.36 - $2.67 (Non-GAAP) for the quarter ending December 31, 2020.