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Sep 30, 2024
ANSYS Q3 2024 Earnings Report
ANSYS' Q3 2024 financial results were announced, featuring revenue of $601.9 million and GAAP diluted earnings per share of $1.46.
Key Takeaways
ANSYS reported a strong third quarter in 2024, with a 31% increase in revenue to $601.9 million and a GAAP diluted EPS of $1.46. The company's ACV grew by 18%, and they closed an $88 million contract in the high-tech industry. However, due to the pending acquisition by Synopsys, Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.
Revenue reached $601.9 million, a 31% increase year-over-year.
GAAP diluted earnings per share were reported at $1.46, while non-GAAP diluted earnings per share were $2.58.
ACV increased by 18% to $540.5 million.
Deferred revenue and backlog amounted to $1,463.8 million.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance due to the pending acquisition by Synopsys.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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