ANSYS

ANSYS, Inc. engages in the development and marketing of engineering simulation software and services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa, and Asia-Pacific. The firm's solutions include automotive, aerospace and defense, construction, energy, materials and chemical processing, autonomous engineering, and electrification. The company was founded by John A. Swanson in 1970 and is headquartered in Canonsburg, PA.

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ANSYS surpasses Q4 targets, eyes sustainable growth and innovation

ANSYS' exceptional Q4 performance and achievement of long-term financial goals underscore its market strength and growth potential.
While facing challenges like revenue recognition volatility and margin impact from acquisitions, the company's strategic focus and strong fundamentals position it well for the future.
Opportunities in diverse industries, sustainability initiatives, and technological advancements offer ANSYS avenues for continued innovation and market leadership.
With robust guidance for 2023 and a focus on solving complex problems, ANSYS is poised for sustained growth, supported by strong operating leverage and disciplined investments.

ANSYS exceeds Q1 expectations, raises guidance amidst market uncertainties

ANSYS reported outstanding Q1 results, surpassing expectations and raising full-year guidance. The company's strengths lie in diversified revenue growth, strategic partnerships, and a focus on innovation. While facing challenges related to macroeconomic uncertainties, ANSYS is well-positioned to leverage opportunities in high-performance computing, AI/ML technologies, and domain-specific applications.

ANSYS surpasses Q2 expectations, focuses on sustainability and partnerships

ANSYS reported outstanding Q2 results, exceeding expectations and raising full-year guidance. The company's emphasis on sustainability, strong partnerships, and recognition for environmental efforts position it well for continued growth. Challenges include uncertainties in the tech ecosystem impact and revenue recognition anomalies.

ANSYS overcomes China hurdles, raises guidance, eyes sustainable growth

ANSYS navigated China challenges to deliver a strong quarter, showcasing resilience and growth in key industries. The company's focus on sustainability, innovation, and global demand positions it well for future success. Despite short-term hurdles, ANSYS remains optimistic about overcoming challenges and achieving long-term growth targets.

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ANSYS, Inc. engages in the development and marketing of engineering simulation software and services. The firm's solutions include automotive, aerospace and defense, construction, energy, materials and chemical processing, autonomous engineering, and electrification. The company was founded by John A. Swanson in 1970 and is headquartered in Canonsburg, PA.

Ansys (ANSS) is set to assist The Exploration Company to design propellant pumps and engine layout for Nyx.

Ansys (ANSS) Solutions Advance Sustainable Space Exploration

Ansys' multiphysics simulation solutions advance The Exploration Company's next-generation green propulsion system / Key Highlights Ansys Startup Program customer The Exploration Company uses Ansys solutions to develop Nyx, its orbital logistics vehicle that uses a revolutionary methane-based propellant for sustainable space exploration With Ansys multiphysics and materials data management solutions, engineers seamlessly model the Nyx propulsion, engine, and body to support a broad scope of missions planned between 2024 and 2028 PITTSBURGH , April 4, 2024 /PRNewswire/ -- Space logistics startup The Exploration Company is advancing sustainable space exploration by leveraging Ansys (NASDAQ: ANSS) simulation solutions to develop its modular and reusable space vehicle, Nyx. With a revolutionary methane-based propulsion system, Nyx will begin by flying to stations in Earth's orbit to deliver technologies for advanced research in areas such as microgravity, which has applications in the pharmaceutical and agricultural industries, among others.

The Exploration Company Leverages Ansys to Promote Sustainability in Space

Ansys (ANSS) and SynMatrix ink deal to significantly reduce design time and enable faster design exploration.

Ansys (ANSS) & SynMatrix Partner to Improve RF Filter Design

Ansys expands its electronics portfolio to streamline RF filter design workflows for wireless communications / Key Highlights SynMatrix is now integrated with Ansys HFSS™ to reduce design time by over 50% for applications including 5G, aerospace and defense, satellite communications, and radar The joint solution empowers engineers with artificial intelligence (AI)-driven optimization for synthesizing and modeling diverse filter types The workflow supports the entire RF filter development cycle from design and optimization to diagnostics and production tuning PITTSBURGH , March 27, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced a new OEM partnership with SynMatrix to streamline RF filter design workflows for wireless communications applications. SynMatrix develops industry-leading RF filter design and optimization tools that integrate with HFSS electromagnetic simulation.

Ansys Forms OEM Partnership with SynMatrix to Accelerate RF Filter Design

ANSYS (ANSS) reported earnings 30 days ago. What's next for the stock?

ANSYS (ANSS) Up 2.3% Since Last Earnings Report: Can It Continue?

Ansys (ANSS) expands its agreement with NVIDIA to boost simulation solutions driven by accelerated computing and generative AI.

Ansys (ANSS), NVIDIA Partner to Advance Simulation Solutions

Cadence Design Systems

NVIDIA

Synopsys

Huang is describing new partnerships and/or associations with Ansys (ANSS), Synopsis (SNPS) and Cadence Design Systems (CDNS).

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Expanded collaboration will drive the future of simulation powered by accelerated computing and generative AI / Key Highlights Ansys will collaborate with NVIDIA on accelerated computing, advancing 6G communication systems, artificial intelligence (AI)-infused simulation solutions, autonomous vehicles, digital twins, enhanced graphics, and visual rendering Ansys joins the Alliance for OpenUSD  (AOUSD) to foster data interoperability of 3D content in products across the Ansys portfolio NVIDIA will expand its use of Ansys solutions to optimize hardware while Ansys will use NVIDIA Blackwell GPUs, Hopper architecture-based GPUs and GB200 Grace Blackwell Superchips to scale up and accelerate existing solutions PITTSBURGH , March 18, 2024 /PRNewswire/ --  Ansys  (NASDAQ: ANSS) today announced a collaboration with NVIDIA to develop next-generation simulation solutions powered by accelerated computing and generative AI. The expanded collaboration will fuse cutting-edge technologies to advance 6G technologies, supercharge Ansys solvers via NVIDIA GPUs, integrate NVIDIA AI into Ansys software offerings, develop physics-based digital twins, and customize large language models (LLMs) developed with NVIDIA AI foundry  services.

Ansys and NVIDIA Pioneer Next Era of Computer-Aided Engineering

Ansys software will provide predictively accurate, end-to-end capabilities for body durability analysis / Key Highlights Ansys' structural simulation solutions will help deliver next-generation vehicles that provide a safer, more comfortable passenger experience Ansys provides end-to-end, predictively accurate capabilities for virtual performance validation of the body system Hyundai motor company named Ansys Mechanical™ and Ansys LS-DYNA™ its preferred structural analysis solutions following a rigorous 18-month competitive evaluation PITTSBURGH , March 5, 2024 /PRNewswire/ -- Hyundai motor company named Ansys (NASDAQ: ANSS) a preferred supplier of structural simulation solutions for body system analysis that will ultimately support improvements to the safety and comfort of tomorrow's passengers. Ansys' strong market strategy, predictive accuracy, and commitment to product development rose above competitive offerings to become Hyundai's preferred supplier.

Ansys Named Preferred Supplier for Hyundai Motor Company's Next-Gen Vehicle Analysis

Ansys simulation and data management tools will drive Oracle Red Bull Racing's development of faster, more reliable cars / Key Highlights Ansys simulation enhanced car reliability and performance, powering Max Verstappen's record-breaking 1000 laps led last season — shattering the previous record by more than 250 The three-year partnership renewal will help Oracle Red Bull Racing navigate reduced simulation windows for the 2024 season PITTSBURGH , Feb. 29, 2024 /PRNewswire/ -- Oracle Red Bull Racing renewed its partnership with Ansys (NASDAQ: ANSS) for three years to remain the most competitive Formula 1 (F1) team in the world. Oracle Red Bull Racing will continue harnessing the power of Ansys technology to improve aerodynamics, manage material data, and ensure structural safety of its cars in the 2024 season and beyond.

Oracle Red Bull Racing, Ansys Go the Distance with Renewed Partnership

Ansys electro-thermal analysis tools address novel physics requirements for signoff verification of multi-chip HPC, graphics, and AI applications / Key Highlights Ansys collaboration to expand from single-die system-on-chip (SoC) to include Intel's embedded multi-die interconnect bridge (EMIB) assembly technology Ansys multiphysics analyses provide signoff verification of thermal integrity, power integrity, and mechanical reliability PITTSBURGH , Feb. 22, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) and Intel Foundry collaborated to provide multiphysics signoff solutions for Intel's innovative 2.5D chip assembly technology, which uses EMIB technology to connect the die flexibly and without the need for through-silicon vias (TSVs). Ansys' accurate simulation engines deliver higher speeds, lower power consumption, and greater reliability in advanced silicon systems for artificial intelligence (AI), high-performance computing, autonomous driving, and graphic processing.

Ansys, Intel Foundry Collaborate on Multiphysics Analysis Solution for EMIB 2.5D Assembly Technology

Ansys power integrity and on-chip electromagnetic analysis tools enable semiconductor products for HPC, graphics, and AI applications / Key Highlights  Ansys® Redhawk-SC™ ,  Ansys® Totem™ , Ansys® PathFinder™ , and Ansys® RaptorX™ support power integrity, signal integrity, and reliability signoff requirements for the Intel 18A process technology The Ansys multiphysics platform supports new Intel manufacturing technologies including RibbonFET transistors and backside power distribution PITTSBURGH , Feb. 22, 2024 /PRNewswire/ -- Intel Foundry certified Ansys  (NASDAQ: ANSS) multiphysics solutions for signoff verification of advanced integrated circuits (ICs) designed with the Intel 18A process technology with new RibbonFET transistor technology and backside power delivery. The predictive accuracy of Ansys' power and signal integrity platforms helps designers lower the power consumption and increase the performance of edge artificial intelligence (AI), graphic processing, and advanced computing products by minimizing over-design.

Intel Foundry Expands Support for Ansys Multiphysics Signoff Solutions with Intel 18A Process Technology

ANSYS' (ANSS) fourth-quarter performance is driven by strength across all business segments.

ANSYS (ANSS) Q4 Earnings Beat Estimates, Revenues Up Y/Y

The headline numbers for Ansys (ANSS) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Ansys (ANSS) Q4 Earnings

Ansys beat Wall Street estimates for fourth-quarter revenue and profit on Wednesday, driven by growing demand for its engineering software solutions, used to make a range of products such as airplanes and tennis rackets.

Ansys beats fourth-quarter estimates on robust software demand

/ Q4 2023 Results GAAP and non-GAAP revenue of $805.1 million GAAP diluted earnings per share of $3.14 and non-GAAP diluted earnings per share of $3.94 GAAP operating profit margin of 41.4% and non-GAAP operating profit margin of 53.0% Operating cash flows of $232.7 million and unlevered operating cash flows of $242.8 million Annual contract value (ACV) of $955.2 million / FY 2023 Results GAAP and non-GAAP revenue of $2,269.9 million GAAP diluted earnings per share of $5.73 and non-GAAP diluted earnings per share of $8.80 GAAP operating profit margin of 27.6% and non-GAAP operating profit margin of 42.6% Operating cash flows of $717.1 million and unlevered operating cash flows of $755.1 million ACV of $2,300.5 million Deferred revenue and backlog of $1,472.6 million on December 31, 2023       PITTSBURGH, Feb. 21, 2024 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ: ANSS), today reported fourth quarter 2023 GAAP and non-GAAP revenue growth of 16% in reported currency, or 15% in constant currency, when compared to the fourth quarter of 2022. For FY 2023, GAAP and non-GAAP revenue growth was 10% in reported and constant currency when compared to FY 2022.

Ansys Announces Q4 and FY 2023 Financial Results

Finance veteran replaces Nicole Anasenes, who will depart company in June PITTSBURGH , Feb. 20, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) announced today that finance veteran Rachel Pyles will become the company's new chief financial officer, effective February 22, 2024. Pyles replaces Nicole Anasenes, who previously announced her planned departure from Ansys to focus on advisory and board work.

Ansys Names Rachel Pyles As Chief Financial Officer

ANSYS' (ANSS) fourth-quarter performance is likely to have benefited from strength in the aerospace and defense, high-tech and automotive sectors.

ANSYS (ANSS) to Report Q4 Earnings: Here's What to Expect

Get a deeper insight into the potential performance of Ansys (ANSS) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Gear Up for Ansys (ANSS) Q4 Earnings: Wall Street Estimates for Key Metrics

Ansys simulation solutions will help digitalize and standardize product development processes across the Schaeffler enterprise / Key Highlights Ansys solutions will help decarbonize product development and shape design strategies for hybrid/electric powertrain solutions and industrial applications Ansys will support digital transformation within the Schaeffler enterprise by standardizing workflows to improve product development efficiency and manage material waste PITTSBURGH , Feb. 14, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) and the motion technology company Schaeffler AG announced they are extending their agreement for an additional three years. Schaeffler will rely on Ansys to standardize product development workflows, reduce waste from physical prototypes, and lower the company's overall carbon footprint through digital transformation.

Ansys, Schaeffler Collaboration Drives Sustainable Product Development

AMETEK

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The web-based technology unlocks the power of cloud computing for faster CFD simulations, reducing reliance on hardware resources / Key Highlights Ansys Fluent Web user interface™ (UI) enables users to remotely interact with simulations running on the cloud anywhere from any device The interface supports large-scale parallelization of massive computational fluid dynamics (CFD) simulations by tapping into multi-GPU and cloud computing capabilities to reduce power consumption and increase simulation speed by up to 10x PITTSBURGH, Pa. , Feb. 7, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced Fluent Web UI, a web-based technology that enables users to remotely access simulations from any device.

New Ansys Fluent Web UI Supports Access to Massive, Multi-GPU CFD Simulations

New user experience enhances collaborative engineering environments, making powerful multiphysics solutions more accessible while simultaneously amplifying the benefits of AI-driven digital engineering solutions / Key Highlights Modern Ansys Design Language elevates the user experience (UX) to create a new user interface (UI) paradigm across the Ansys multiphysics portfolio and increases accessibility Native Ansys software integration, an open architecture, and scalability via high-performance computing (HPC) or the cloud facilitate seamless collaboration across distributed engineering teams Artificial intelligence (AI) amplifies advanced numerics with increased speed and more predictive accuracy across physics PITTSBURGH , Feb. 6, 2024 /PRNewswire/ -- The latest release from Ansys (NASDAQ: ANSS), 2024 R1, introduces an elevated user experience designed to increase digital engineering productivity with AI. Combined with an open architecture, 2024 R1 streamlines engineering workflows, facilitates stronger collaboration, fosters real-time interactions, and elevates project outcomes.

Ansys 2024 R1 Reimagines the User Experience while Expanding Multiphysics Superiority Boosted by AI

PITTSBURGH , Feb. 1, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its fourth quarter and FY 2023 earnings on Wednesday, February 21, 2024, after the market closes. In light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys is suspending quarterly earnings conference calls and will no longer be providing quarterly or annual guidance.

Ansys to Release Fourth Quarter and FY 2023 Earnings on February 21, 2024

Enhanced process improves optical performance of virtual camera models in a streamlined, integrated workflow / Key Highlights Ansys and DXOMARK collaboration will offer the first solution on the market to reliably validate virtual models of camera systems Ansys Lumerical™, Ansys Zemax OpticStudio™, and Ansys Speos™ create a workflow that produces a raw image that can be evaluated by DXOMARK's world-class software, Analyzer, to enable an end-to-end virtual camera system solution PITTSBURGH , Jan. 25, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) and DXOMARK are entering a new partnership to provide an end-to-end camera solution that bridges the gap between physical measurements and simulation. DXOMARK's industry-leading tool for image quality analysis, Analyzer, augments Ansys' optics portfolio to provide a predictively accurate validation of camera systems.

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