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Ansys Inc (ANSS) revealed a profit for its first quarter that rose from last year.


RTTNews | May 5, 2021 05:25PM EDT

17:24 Wednesday, May 5, 2021 (RTTNews.com) - Ansys Inc (ANSS) revealed a profit for its first quarter that rose from last year.

The company's earnings came in at $72.40 million, or $0.82 per share. This compares with $46.06 million, or $0.53 per share, in last year's first quarter.

Excluding items, Ansys Inc reported adjusted earnings of $98.92 million or $1.12 per share for the period.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.1% to $363.23 million from $304.99 million last year.

Ansys Inc earnings at a glance:

-Earnings (Q1): $98.92 Mln. vs. $72.31 Mln. last year.-EPS (Q1): $1.12 vs. $0.83 last year.-Analysts Estimate: $0.84-Revenue (Q1): $363.23 Mln vs. $304.99 Mln last year.

-Guidance:Next quarter EPS guidance: $1.43 - $1.67Next quarter revenue guidance: $415.0 - $445.0 MlnFull year EPS guidance: $6.69 - $7.10Full year revenue guidance: $1,810 - $1,875 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3192133/ansys-inc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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