ANSYS Announces Q4 Results: Record Finish Reflects Double-Digit Growth in Revenue, ACV, EPS and Operating Cash Flow
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ANSYS (ANSS) Misses Q4 EPS by 10c, Revenues Beat; Offers Q1 EPS/Revenue Guidance Below Consensus, FY19 EPS Mid-Point Guidance Above Consensus, FY19 Revenue Views Above Outlook
February 27, 2019 4:53 PM ESTANSYS (NASDAQ: ANSS) reported Q4 EPS of $1.39, $0.10 worse than the analyst estimate of $1.49. Revenue for the quarter came in at $418 million versus the consensus estimate of $364.82 million.
Ajei Gopal, ANSYS President and CEO, commented, Q4 was an outstanding quarter capping a stellar 2018. We grew double-digits across all key financial metrics for the quarter and the year. I am confident we are tracking towards our 2020 objective of sustained, double-digit revenue growth at industry... More
