ANSYS Reports First Quarter 2016 Financial Results

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Wedbush Downgrades ANSYS (ANSS) to Neutral

May 6, 2016 7:25 AM EDT

Wedbush downgraded ANSYS (NASDAQ: ANSS) from Outperform to Neutral with a price target of $86.00 (from $91.00), saying growth prospects look diminished.

Analyst Steve Koenig commented, "Weve become more cautious about ANSSs growth prospects over the next 12 months; the latest data points... More

ANSYS (ANSS) Tops Q1 EPS by 1c

May 5, 2016 7:10 AM EDT

ANSYS (NASDAQ: ANSS) reported Q1 EPS of $0.77, $0.01 better than the analyst estimate of $0.76. Revenue for the quarter came in at $225.9 million versus the consensus estimate of $228.51 million.

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

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