ANSYS Q2 makes investors smile

ANSYS today announced results for Q2 and outlook for the rest of the year that sent shares up by over 5% in early trading on the NASDAQ and finally answering some questions about its Apache acquisition. ANSYS reported revenue for the second quarter of 2011, up 18% to...
ANSYS to acquire Apache – who?

ANSYS to acquire Apache – who?

I spent a good part of the day learning about Apache, the company ANSYS announced today it was planning to buy. While I can’t say that I understand exactly how PowerArtist, Totem, RedHawk and Sentinel work, here’s what I’ve learned since the first...

ANSYS to acquire Apache Design

ANSYS today announced that it intends to acquire Apache Design Solutions, Inc., which provides advanced, low power solutions in the electronics industry for approximately $310 million in cash. I am told that Apache was just about to price its IPO, so we’ll have to...

ANSYS: Growth amid global turmoil

ANSYS this morning announced that first quarter revenue was up 16% over last year and “was spread across all major geographic regions and among a broad array of industries”. On a GAAP basis, net income and diluted earnings per share increased 31% and 29%, respectively...
ANSYS: We’re optimistic and hiring

ANSYS: We’re optimistic and hiring

[Note: ANSYS provided additional information on its results last week; below is a hybrid of my original post and the updates. Many thanks to Annette Arribas, Investor Relations and Global Insurance Officer for ANSYS, for her quick response to my questions. —...

ANSYS reports, investors happy

ANSYS reported results today for the fourth quarter and fiscal 2010 that are middling from a growth perspective, but handily beat profit expectations, leading happy investors to raise the share price nearly 4% in pre-market trading.Total revenue in Q4 was $167...

ANSYS Q3: Good but slowing down?

ANSYS reported Q3 results that show continued improvement over 2009, though perhaps dampened as the market awaited the arrival of the 13.0 release of products and as pent-up demand from last year is exhausted. •Total revenue was $139.8 million, up 9% from a year ago...

ANSYS reports good Q2, sees volatility ahead

ANSYS reported Q2 results today that met the company’s earlier forecasts but foreshadowed a coming slowdown. Total revenue for Q2 was $137.8 million, up 12.9% from $122.0 million a year ago and up 15% for the year-to-date — showing the same slowing that was...

ANSYS reports 17% growth in Q1, raises guidance

ANSYS reported Q1 2010 results that it characterized as “over-performance against its outlook”: total revenue of $136 million, with gains in all regions and all categories of business. Perhaps most important, the core business is described as “solid”, and the...

Solvers and sunscreen

This is the third in a series of articles exploring business metrics and their usefulness in the engineering software space. The last post discussed the fact that the cost for keeping a specific customer may be higher than expected and may even exceed the revenue...