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Ansys Inc (ANSS) reported earnings for second quarter that declined from the same period last year.


RTTNews | Aug 4, 2021 05:03PM EDT

17:02 Wednesday, August 4, 2021 (RTTNews.com) - Ansys Inc (ANSS) reported earnings for second quarter that declined from the same period last year.

The company's profit totaled $93.7 million, or $1.06 per share. This compares with $96.6 million, or $1.11 per share, in last year's second quarter.

Excluding items, Ansys Inc reported adjusted earnings of $162.6 million or $1.85 per share for the period.

Analysts had expected the company to earn $1.56 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.8% to $446.7 million from $385.7 million last year.

Ansys Inc earnings at a glance:

-Earnings (Q2): $162.6 Mln. vs. $134.3 Mln. last year.-EPS (Q2): $1.85 vs. $1.55 last year.-Analysts Estimate: $1.56-Revenue (Q2): $446.7 Mln vs. $385.7 Mln last year.

-Guidance:Next quarter EPS guidance: $1.22 - $1.39Next quarter revenue guidance: $400 - $425 MlnFull year EPS guidance: $6.85 - $7.15Full year revenue guidance: $1840 - $1890 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3216004/ansys-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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