Ansys Announces Financial Results With Record Q1 ACV, Revenue, Diluted EPS and Operating Cash Flow
| |
Three Months Ended |
| |
March 31, 2023 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted1 |
| Total GAAP |
$ |
509,447 | | |
$ |
441,795 | | |
86.7 |
% | |
$ |
127,695 | | |
25.1 |
% | |
$ |
100,622 | | |
$ |
1.15 | |
| Stock-based compensation expense | |
— | | | |
2,878 | | |
0.6 |
% | | |
44,171 | | |
8.7 |
% | | |
44,171 | | | |
0.50 | |
| Excess payroll taxes related to stock-based awards | |
— | | | |
284 | | |
0.1 |
% | | |
4,076 | | |
0.8 |
% | | |
4,076 | | | |
0.05 | |
| Amortization of intangible assets from acquisitions | |
— | | | |
19,618 | | |
3.8 |
% | | |
24,799 | | |
4.8 |
% | | |
24,799 | | | |
0.28 | |
| Expenses related to business combinations | |
— | | | |
— | | |
— |
% | | |
2,192 | | |
0.4 |
% | | |
2,192 | | | |
0.03 | |
| Adjustment for income tax effect | |
— | | | |
— | | |
— |
% | | |
— | | |
— |
% | | |
(14,097 |
) | | |
(0.16 |
) |
| Total non-GAAP |
$ |
509,447 | | |
$ |
464,575 | | |
91.2 |
% | |
$ |
202,933 | | |
39.8 |
% | |
$ |
161,763 | | |
$ |
1.85 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
