ANSYS Reports First Quarter 2016 Financial Results

Including Strong Earnings & Margins - Updates FY 2016 Guidance  

Selected First Quarter Results:

  • GAAP revenue of $225.9 million and non-GAAP revenue of $226.0 million
  • GAAP diluted earnings per share of $0.63 and non-GAAP diluted earnings per share of $0.77
  • Operating cash flows of $108.6 million
  • GAAP operating profit margin of 37.6% and non-GAAP operating profit margin of 46.4%
  • Record high deferred revenue and backlog of $506.4 million at March 31, 2016
  • Repurchase of 500,000 shares in the first quarter at an average price of $85.37 per share
  • Annual Meeting of Stockholders on May 20, 2016 and 2016 Investor Day on June 2, 2016

PITTSBURGH, May 05, 2016 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ:ANSS), today announced its financial results for the first quarter of 2016.  The Company reported GAAP and non-GAAP revenue growth in constant currency of 6% and 5%, respectively, and GAAP and non-GAAP diluted earnings per share of $0.63 and $0.77, respectively, for the quarter.  Recurring revenue, which is comprised of lease license and maintenance revenue, totaled 78% of revenue for the first quarter. 

“Our first quarter results reflect a solid start to the year with strong contributions from markets such as India and China, partially offset by less than expected growth in Europe and North America.  We are highly focused on improving direct and indirect sales execution, enhancing our growth rates and continuing to generate returns for our shareholders over the long-term. Through solid internal execution and discipline, we achieved strong margins and earnings, we generated over $100 million in operating cash flow and we continued to return capital to shareholders through our recently increased share repurchase plan,” commented Jim Cashman, ANSYS President and Chief Executive Officer. 

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12  Next Page »



Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs

True Circuits:

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
Reverie: All That Glitters is not Past
More Editorial  
Jobs
FAE FIELD APPLICATIONS SAN DIEGO for EDA Careers at San Diego, CA
SoC Design Engineer for Intel at Santa Clara, CA
Digital and FPGA Hardware Designer for Giga-tronics Incorporated at San Ramon, CA
Senior Physical Design Engineer for Ambiq Micro at Austin, TX
Technical Support Engineer for EDA Careers at Freemont, CA
Technical Marketing Manager Valley for EDA Careers at San Jose, CA
Upcoming Events
European 3D Summit 2017 at 3, parvis Louis Néel 38054 Grenoble France - Jan 23 - 25, 2017
3D Printing Electronics Conference at High Tech Campus 1, 5656 Eindhoven Eindhoven Netherlands - Jan 24, 2017
DesignCon 2017 at Santa Clara Convention Center Santa Clara CA - Jan 31 - 2, 2017
Embedded Neural Network Summit at San Jose CA - Feb 1, 2017
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: UltraPLL



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy