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Ansys Exceeds Revenue, EPS Estimates

TheMotleyFool 
0 0 20.02.25
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.

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Source Fool.com

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