ANSYS Q3 2022 Earnings Report
Key Takeaways
ANSYS announced strong Q3 2022 results, with double-digit ACV and revenue growth in constant currency. The company exceeded financial guidance across all key metrics, driven by broad-based performance across customer types, geographies, and industries.
GAAP revenue of $472.5 million and non-GAAP revenue of $473.7 million.
GAAP diluted earnings per share of $1.10 and non-GAAP diluted earnings per share of $1.77.
GAAP operating profit margin of 26.1% and non-GAAP operating profit margin of 41.0%.
Annual contract value (ACV) of $409.3 million.
ANSYS
ANSYS
Forward Guidance
The Company currently expects the following for the quarter ending December 31, 2022:Revenue between $621.3-$656.3 million GAAP and $621.8-$656.8 million non-GAAP. Diluted earnings per share between $1.91-$2.28 GAAP and $2.58-$2.90 non-GAAP. ACV between $761.3-$786.3 million.