Ansys Exceeds Revenue, EPS Estimates

Ansys (NASDAQ:ANSS), a leader in simulation software, reported its fourth-quarter earnings on Dec. 31. Revenue reached $882.2 million, topping analysts' projections of $867 million. The company achieved a non-GAAP earnings per share (EPS) of $4.44, beating the estimate of $3.95. Overall, the quarter reflected strong performance, notwithstanding some concern over regulatory issues and geopolitical risks.Source: Analyst estimates for the quarter provided by FactSet.Ansys is a powerhouse in engineering simulation, offering modeling and simulation solutions crucial for industries such as high-tech, aerospace, automotive, and healthcare. It focuses on creating cutting-edge software that allows businesses to simulate how their products will operate in the real world without employing physical prototypes.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool