ANSYS Announces Record Q2 Financial Results Including Double-Digit Growth in Revenue, EPS and ACV

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ANSYS (ANSS) PT Raised to $210 at Needham & Company

August 6, 2019 2:20 PM EDT

Needham & Company analyst Richard Valera raised the price target on ANSYS (NASDAQ: ANSS) to $210.00 (from $200.00) while maintaining a Buy rating.

The analyst commented, "ANSS delivered strong 2Q19 results, with a solid beat and raise on revenue, EPS and ACV. While... More

ANSYS (ANSS) Tops Q2 EPS by 33c, Raises FY Guidance

August 5, 2019 4:43 PM EDT

ANSYS (NASDAQ: ANSS) reported Q2 EPS of $1.61, $0.33 better than the analyst estimate of $1.28. Revenue for the quarter came in at $370.5 million versus the consensus estimate of $338.06 million.

GUIDANCE:

ANSYS sees FY2019 EPS of $5.98-$6.28, versus the consensus of... More