ANSYS (ANSS) Tops Q3 EPS by 3c; Issues Light Outlook

November 3, 2016 7:13 AM EDT
Get Alerts ANSS Hot Sheet
Trade ANSS Now!
Join SI Premium – FREE

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

ANSYS (NASDAQ: ANSS) reported Q3 EPS of $0.95, $0.03 better than the analyst estimate of $0.92. Revenue for the quarter came in at $245.9 million versus the consensus estimate of $249.89 million.

GUIDANCE:

ANSYS sees Q4 2016 EPS of $0.94-$0.99, versus the consensus of $1.01. ANSYS sees Q4 2016 revenue of $263-272 million, versus the consensus of $275.3 million.

ANSYS sees FY2016 EPS of $3.59-$3.64, versus the consensus of $3.63. ANSYS sees FY2016 revenue of $981-990 million, versus the consensus of $997.2 million.

Fiscal Year 2017 Preliminary Outlook

The Company currently expects the following for the fiscal year ending December 31, 2017:

  • GAAP and non-GAAP revenue in the range of $1.02 - $1.06 billion
  • GAAP diluted earnings per share of $3.01 - $3.27
  • Non-GAAP diluted earnings per share of $3.67 - $3.89

For earnings history and earnings-related data on ANSYS (ANSS) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Guidance, Hot Guidance

Related Entities

Earnings

Add Your Comment