Ansys Exceeds Revenue, EPS Estimates
Ansys delivered strong earnings for Q4 2024, surpassing expectations amid regulatory and geopolitical challenges.
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.
