Ansys Announces Fourth Quarter and Fiscal Year 2019 Financial Results With Record Revenue, EPS, ACV and Operating Cash Flow

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Go back to Ansys Announces Fourth Quarter and Fiscal Year 2019 Financial Results With Record Revenue, EPS, ACV and Operating Cash Flow

ANSYS (ANSS) Tops Q4 EPS by 27c; Issues Mixed Outlook

February 26, 2020 4:22 PM EST

ANSYS (NASDAQ: ANSS) reported Q4 EPS of $2.25, $0.27 better than the analyst estimate of $1.98. Revenue for the quarter came in at $492.5 million versus the consensus estimate of $469.41 million.

Ajei Gopal, Ansys President & CEO, stated, Q4 was an outstanding quarter concluding a stellar 2019. We grew double digits across revenue and ACV for the quarter and the year, and I am confident we are tracking towards our 2022 objective of $2 billion in ACV. Our strong execution is a solid testament to the underlying... More