ANSS Stock Recent News

Ansys beat Wall Street estimates for second-quarter revenue and profit on Wednesday, driven by growing demand for its AI-powered tools and engineering software solutions.

/ Q2 2024 Results Revenue of $594.1 million GAAP diluted earnings per share of $1.48 and non-GAAP diluted earnings per share of $2.50 GAAP operating profit margin of 26.5% and non-GAAP operating profit margin of 44.9% Operating cash flows of $80.7 million and unlevered operating cash flows of $90.7 million Annual contract value (ACV) of $520.5 million Deferred revenue and backlog of $1,394.0 million on June 30, 2024       PITTSBURGH, July 31, 2024 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ: ANSS), today reported second quarter 2024 revenue of $594.1 million, an increase of 20% and 22% in reported and constant currency, respectively, when compared to the second quarter of 2023. For the second quarter of 2024, the Company reported diluted earnings per share of $1.48 and $2.50 on a GAAP and non-GAAP basis, respectively, compared to $0.80 and $1.60 on a GAAP and non-GAAP basis, respectively, for the second quarter of 2023.

ANSYS' (ANSS) Q2 performance is likely to have been gained from favorable demand for its simulation solutions across various verticals, including automotive, aerospace and high-tech.

Latest release fuels collaboration and digital transformation by connecting workflows, integrating AI, and optimizing complex design tasks / Key Highlights Unified Ansys technology reduces the need for engineers to connect multiple, disparate software technologies, streamlining the product design process by providing advanced multiphysics simulation insights The latest release introduces two new products — Ansys TwinAI™ software for enhancing simulation with artificial intelligence (AI) for accurate, evolving digital twins and Ansys HFSS-IC™ solver for deep electromagnetic analysis of integrated circuits (IC) PITTSBURGH , July 23, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) 2024 R2 redefines the boundaries of product design by enabling customers to move beyond the limits of single-physics simulation to gain multidimensional insight into the performance of today's complex products. R2 enhancements focused on accelerating run times, scaling capacity, enabling digital transformati

ANSYS, Inc. ANSS recently strengthened its collaboration with NVIDIA and Supermicro to offer Turnkey hardware solutions that dramatically enhance Ansys Multiphysics simulation capabilities. This partnership focuses on customizing hardware for Ansys' simulation software, resulting in remarkable speed enhancements of up to 1,600 times in computational tasks.

PITTSBURGH , July 18, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its second quarter earnings on Wednesday, July 31, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.

Collaboration optimizes Ansys solutions and AI capabilities, boosts simulation speeds up to 1,600x / Key Highlights Turnkey hardware optimized for Ansys multiphysics simulation provides flexible configurations through collaborations with Supermicro and NVIDIA Supercharged simulation reduces time-to-market and facilitates rich design exploration for automotive crash testing and external aerodynamics, aerospace gas turbine engines, 5G/6G antennas, biopharmaceutical development, and more Ansys' open ecosystem streamlines integration of diverse technologies within its multiphysics platform PITTSBURGH, Pa. , July 18, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) is collaborating with Supermicro and NVIDIA to deliver turnkey hardware, enabling unmatched acceleration for Ansys multiphysics simulation solutions.

ANSYS, Inc. ANSS recently announced that Ansys System Tool Kit (STK), a top-tier software for digital mission engineering and systems analysis, is now accessible in the AWS Marketplace. Ansys STK is a comprehensive tool for modeling, analyzing and visualizing aerospace and defense systems in their operational environments.

/ Key Highlights Ansys STK™ is now available in AWS Marketplace for use in the AWS GovCloud (US) Region Together, the Ansys solution and platform meet strict government standards for security and compliance, protect data, and remove geographical barriers to support fast and scalable deployment for critical government tasks PITTSBURGH , July 9, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) announced today that Ansys System Tool Kit (STK), an industry-leading software for digital mission engineering and systems analysis, is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). With the availability of Ansys STK in AWS Marketplace for use in the AWS GovCloud (US) Region, US-based customers can procure necessary software and automate machine provisioning without the stress and expense of managing on-premises resources.

Ansys is developing thermal management technology for the Intel 18A silicon process to enable HPC, graphics, and AI products supporting U.S. national security applications / Key Highlights Ansys joins the Intel Foundry Accelerator United States Military, Aerospace, and Government (USMAG) Alliance to deliver secure design methodologies and flows for U.S. security applications Ansys deepens its technical collaboration with Intel Foundry – enhancing Ansys Redhawk-SC™ to deliver a comprehensive thermal management flow for the Intel 18A advanced process technology to enable reliable, high-performance chip design   PITTSBURGH , June 24, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced it is joining the Intel Foundry Accelerator USMAG Alliance to support the design of secure and efficient chips for national security and government applications. Through this alliance, Ansys' semiconductor simulation tools will be optimized to deliver secure design methodologies and workflo