Q1 Earnings Roundup: ANSYS (NASDAQ:ANSS) And The Rest Of The Design Software Segment [Yahoo! Finance]
ANSYS, Inc. (ANSS)
Last ansys, inc. earnings: 2/26 04:09 pm
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US:NASDAQ Investor Relations:
investors.ansys.com
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Source: Yahoo! Finance
The demand for rich, interactive 2D, 3D, VR and AR experiences is growing, and while the ubiquitous metaverse might still be more of a buzzword than a real thing, what is real is the demand for the tools to create these experiences, whether they are games, 3D tours or interactive movies. The 7 design software stocks we track reported a weaker Q1; on average, revenues were in line with analyst consensus estimates. while next quarter's revenue guidance was 3.1% below consensus. Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed signals about inflation have led to uncertainty around rate cuts, and design software stocks have had a rough stretch, with share prices down 5.6% on average since the previous earnings results. Weakest Q1: ANSYS (NASDAQ:ANSS) Used to help design the Mars Rover, Ansys (NASDAQ:ANSS) offers a software-as-a-service platform that enables simulation for engineering and design. ANSYS r
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ANSS
News
- ANSYS, Inc. (NASDAQ: ANSS) is now covered by analysts at KeyCorp. They set a "sector weight" rating on the stock.MarketBeat
- A Look At The Fair Value Of ANSYS, Inc. (NASDAQ:ANSS) [Yahoo! Finance]Yahoo! Finance
- Ansys Multiphysics Signoff Solutions Certified for Samsung's 2nm Power Backside Delivery Technology [Yahoo! Finance]Yahoo! Finance
- Ansys Multiphysics Signoff Solutions Certified for Samsung's 2nm Power Backside Delivery TechnologyPR Newswire
- ANSYS, Inc. (NASDAQ: ANSS) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
ANSS
Earnings
- 5/1/24 - Miss
ANSS
Sec Filings
- 6/11/24 - Form 8-K
- 6/10/24 - Form 4
- 6/10/24 - Form 4
- ANSS's page on the SEC website