ANSYS, Inc. Reports Q3 2016 Financial Results Reflecting Solid Margin, EPS and Cash Flow Performance

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Go back to ANSYS, Inc. Reports Q3 2016 Financial Results Reflecting Solid Margin, EPS and Cash Flow Performance

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

November 3, 2016 7:13 AM EDT

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... More

ANSYS (ANSS) Announces Acquisition of KPIT medini Technologies

November 3, 2016 7:11 AM EDT

ANSYS (Nasdaq: ANSS) announced that it has acquired Berlin-based KPIT medini Technologies AG, a leading provider of systems safety analysis solutions.

As products from mobile phones to automobiles become smarter and more complex, the need to simulate the entire system, and not just its components, is increasing rapidly. That added complexity provides new ways for products to fail, making systems safety and reliability analysis more critical than ever.

Medini develops... More