Ansys Inc (ANSS) announced a profit for its second quarter that increased from last year but missed the Street estimates.
The company's earnings totaled $130.0 million, or $1.48 per share. This compares with $69.53 million, or $0.80 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 19.6% to $594.14 million from $496.60 million last year.
Ansys Inc earnings at a glance (GAAP) :
-Earnings (Q2): $130.0 Mln. vs. $69.53 Mln. last year.
-EPS (Q2): $1.48 vs. $0.80 last year.
-Revenue (Q2): $594.14 Mln vs. $496.60 Mln last year.
For comments and feedback: editorial@rttnews.com