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.

/ 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

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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.

Ansys and DXOMARK Partner on Breakthrough Solution to Validate Virtual Camera Systems

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An expanded partnership between Ansys and Humanetics will unlock new levels of value and accuracy in the human safety engineering ecosystem / Key Highlights Ansys has entered into a definitive agreement to acquire a minority ownership interest in Humanetics to strengthen their existing relationship Ansys and Humanetics intend to expand their partnership to further push innovation in the human safety engineering ecosystem This partnership will drive greater value for customers in the automotive industry and beyond as two key companies deliver more streamlined, accurate and efficient product offerings The companies will use digital twins to strengthen the connection between physical and virtual safety solutions PITTSBURGH , Jan. 23, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) announced that it has entered into a definitive agreement to acquire a minority ownership interest in Humanetics from Bridgepoint, the global private equity firm that first invested in Humanetics in 2018. The transaction is subject to customary closing conditions and receipt of required regulatory approvals.

Ansys Announces Deeper Collaboration with Humanetics to Enhance Human Safety

FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Today, Humanetics and Ansys (NASDAQ: ANSS) announced that it has entered into a definitive agreement to acquire a minority ownership interest in Humanetics from Bridgepoint, the global private equity firm that first invested in Humanetics in 2018. The transaction is subject to customary closing conditions and receipt of required regulatory approvals. Humanetics is a leading provider of physical and digital human safety systems and sensor technologies. B.

Humanetics Announces a Deeper Collaboration with Ansys to Enhance Human Safety

NEW ORLEANS , Jan. 22, 2024 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

ANSYS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ANSYS, Inc. - ANSS

Synopsys

Synopsys and Ansys are trying to merge; such a union would be one of the largest ever in tech. The two companies think chips will proliferate throughout the economy and can help it happen by combining.

2 Software Stocks Are Merging to Bet On AI -- but Investors, Beware of the Hype

NEW YORK , Jan. 17, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Ansys (NASDAQ: ANSS) and its board of directors concerning the proposed acquisition of the company by Synopsys (NASDAQ: SNPS). Stockholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each share of Ansys stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Ansys

Ansys (ANSS) is likely to get acquired by Synopsys to transform the silicon and systems design solutions market.

Ansys (ANSS) to Get Acquired by Synopsys for $35 Billion

Chip design software maker Synopsys emerged as the winning bidder for Ansys on Tuesday. SNPS stock rose on the news.

Synopsys Purchase Of Ansys Creates Silicon-To-Systems Design Leader

Chip design firm Synopsys has agreed to acquire simulation and analysis firm Ansys in a deal worth $35 billion.

Synopsys agrees to buy system design firm Ansys for $35B

Synopsys Inc. (SNPS) stock jumped early Tuesday after the company announced a cash-and-stock acquisition of Ansys Inc. (ANSS) after a seven-year relationship in semiconductor design and simulation between the two.

Synopsys Stock Rises After $35 Billion Ansys Acquisition

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U.S. equities started the shortened trading week lower at midday as the yield on the 10-year Treasury note jumped above 4% amid concerns that expectations of Fed rate cuts this year might be overblown. The Dow, S&P 500, and Nasdaq were all lower.

Midday Movers: Boeing Tumbles on Safety Inspections, Synopsys Rises on Ansys Deal

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Synopsys Strikes $35 Billion Deal to Buy Ansys

MILWAUKEE , Jan. 16, 2024 /PRNewswire/ -- Ademi LLP is investigating Ansys (NASDAQ: ANSS)  for possible breaches of fiduciary duty and other violations of law in its transaction with Synopsys. Click here to learn how to join the https://www.ademilaw.com/case/ansys-inc or call Guri Ademi toll-free at 866-264-3995.

Shareholder Alert: Ademi LLP investigates whether Ansys has obtained a Fair Price in its transaction with Synopsys

Synopsys Inc (NASDAQ:SNPS) announced on Tuesday an agreement to acquire engineering and product design software company Ansys in a cash-and-stock transaction valued at approximately $35 billion, as Synopsys makes a push into the artificial intelligence (AI) and semiconductor-design "megatrends."  Ansys shareholders will receive $197 in cash and 0.3450 common shares of Synopsys for each Ansys share held.

Synopsys to acquire Ansys in $35B cash-and-stock deal

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