ANSYS Reports Record Fourth Quarter And Fiscal Year 2016 Results

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ANSYS (ANSS) PT Raised to $101 at Wedbush Following 'Strong 4Q' Results

February 24, 2017 7:11 AM EST

Wedbush Securities analyst Steve Koenig reiterates Neutral rating and raises price target on Ansys Inc. (NASDAQ: ANSS) to $101 (from $88), noting improving demand conditions, as the company reported strong 2016 fourth quarter results, driven by good execution in North America and Asia-Pacific.

Koenig comments,... More

ANSYS (ANSS) Tops Q4 EPS by 2c, Offers Guidance

February 22, 2017 5:33 PM EST

ANSYS (NASDAQ: ANSS) reported Q4 EPS of $0.98, $0.02 better than the analyst estimate of $0.96. Revenue for the quarter came in at $270.6 million versus the consensus estimate of $267.41 million.

implementing a workforce realignment

GUIDANCE:

ANSYS sees Q1 2017 revenue of $237-246... More