Q3 Earnings Recap: ANSYS (NASDAQ:ANSS) Tops Design Software Stocks [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 6 design software stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 4.4% while next quarter's revenue guidance was 2.9% below. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. 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 reported revenues of $601.9 million, up 31.2% year on year. This print exceeded analysts' expectations by 14.9%. Overall, it was a stunning quarter for the company with an impressive beat of analysts' EBITDA and average c
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News
- Winners And Losers Of Q3: Unity (NYSE:U) Vs The Rest Of The Design Software Stocks [Yahoo! Finance]Yahoo! Finance
- Saudi Arabia Finite Element Analysis Software Research Report 2024: Emergence of Integrated Simulation Platforms, Rise of Cloud-Based FEA Solutions, Industry-Specific Customization - Forecast to 2029 [Yahoo! Finance]Yahoo! Finance
- ANSYS, Inc. (NASDAQ: ANSS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Vertiv Uses Ansys Digital Engineering Technology to Drive R&D Transformation [Yahoo! Finance]Yahoo! Finance
- Vertiv Uses Ansys Digital Engineering Technology to Drive R&D TransformationPR Newswire
ANSS
Earnings
- 11/6/24 - Beat
ANSS
Sec Filings
- 11/8/24 - Form SC
- 11/6/24 - Form 10-Q
- 11/6/24 - Form 8-K
- ANSS's page on the SEC website