ANSYS Q3 2024 Earnings Report
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.
ANSYS
ANSYS
Forward Guidance
Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance due to the pending acquisition by Synopsys.