ANSYS (ANSS) Tops Q1 EPS by 3c, Lowers Guidance

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Ansys Announces Q1 2020 Financial Results

May 6, 2020 4:39 PM EDT

Meets Q1 Revenue and Earnings Guidance

Company Initiates Q2 2020 Outlook andRevises FY 2020 Outlook in Connection with COVID-19 Developments*Completes Acquisition of Lumerical Inc.

*Additional details related to our financial guidance, including assumptions and economic impacts of COVID-19, are detailed in our prepared remarks document.

Key Highlights - Q1 2020

GAAP revenue of $305.0 million and non-GAAP revenue of $308.9 millionGAAP diluted earnings per share of $0.53 and non-GAAP diluted earnings per share of... More