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ANSYS Q3 Profit Rises; Updates FY09 View; Provides Preliminary FY10 View - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

ANSYS, Inc. (ANSS) reported third quarter net income of $30.53 million or $0.33 per share, compared to $25.78 million or $0.29 per share last year.

Non-GAAP net income was $41.4 million as compared to $38.7 million in the third quarter of 2008. Non-GAAP earnings per share were $0.45 in the third quarter of 2009 as compared to $0.43 in the third quarter of 2008.

On average, 9 analysts polled by Thomson Reuters expected the company to report earnings of $0.41 per share. Analysts' estimates typically exclude special items.

Total revenue grew to $128.19 million from $122.25 million in the prior year.

Ten analysts estimated revenues of $127.69 million.

For the fourth quarter, the company currently sees GAAP revenue in the range of $135.8 - $141.8 million, Non-GAAP revenue in the range of $136 - $142 million, GAAP diluted earnings per share of $0.34 - $0.38 and Non-GAAP diluted earnings per share of $0.47 - $0.49.

Analysts expect earnings of $0.49 per share, on revenues of $144.75 million.

For the fiscal 2009, the company currently sees GAAP revenue in the range of $502.3 - $508.3 million, Non-GAAP revenue in the range of $510.4 - $516.4 million, GAAP diluted earnings per share of $1.20 - $1.24 and Non-GAAP diluted earnings per share of $1.72 - $1.74.

Analysts expect earnings of $1.71 per share, on revenues of $518.08 million.

The company also provided Fiscal Year 2010 Preliminary Outlook. The company sees Non-GAAP diluted EPS growth: 5% - 10%, GAAP diluted EPS growth: 8% - 18%, GAAP revenue growth: 8% - 13% and Non-GAAP revenue growth: 6% - 11%.

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