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Ansys, Inc. (ANSS) Tops Q1 EPS by 2c; Guides Q2, Raises FY11 Outlook

May 5, 2011 7:16 AM
Ansys, Inc. (NASDAQ: ANSS) reported Q1 EPS of $0.57, $0.02 better than the analyst estimate of $0.55. Revenue for the quarter came in at $158 million versus the consensus estimate of $154.21 million.

Sees Q2 EPS of $0.54-$0.57, versus the consensus of $0.55. Sees Q2 revenue of $155-$161 million, versus the consensus of $154.4 million.

Raises its FY11 EPS guidance from $2.27-$2.35 to $2.30-$2.38, versus the consensus of $2.35. Revenue moves from $640-$660 million to $645-$665 million, versus the consensus of $655.76 million.

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