Ansys Announces Financial Results With Record Q2 Revenue and ACV

Relative to our May guidance, our updated full-year non-GAAP diluted EPS contemplates $0.04 of operational improvement at the midpoint from increased full-year revenue guidance, which was more than offset by $0.06 of higher interest expense and one-time items in other expense.

/ Conference Call Information

Ansys will hold a conference call at 8:30 a.m. Eastern Time on August 3, 2023 to discuss second quarter results. The Company will provide its prepared remarks on the Company’s investor relations homepage and as an exhibit in its Form 8-K in advance of the call to provide stockholders and analysts with additional time and detail for analyzing its results in preparation for the conference call. The prepared remarks will not be read on the call, and only brief remarks will be made prior to the Q&A session.

To participate in the live conference call, dial 855-239-2942 (US) or 412-542-4124 (Canada & Int’l). The call will be recorded and a replay will be available within two hours after the call. The replay will be available by dialing (877) 344-7529 (US), (855) 669-9658 (Canada) or (412) 317-0088 (Int’l) and entering the access code 1632432. The archived webcast can be accessed, along with other financial information, on Ansys' website at https://investors.ansys.com/events-presentations/events

/ GAAP Financial Statements

ANSYS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(Unaudited)
(in thousands) June 30, 2023  December 31, 2022
ASSETS:   
Cash & short-term investments $         478,012         $        614,574        
Accounts receivable, net          692,849                  760,287        
Goodwill          3,792,116                  3,658,267        
Other intangibles, net          884,018                  809,183        
Other assets          758,257                  845,634        
     Total assets $         6,605,252         $        6,687,945        
LIABILITIES & STOCKHOLDERS' EQUITY:   
Current deferred revenue $         374,407         $        413,989        
Long-term debt          753,732                  753,574        
Other liabilities            562,701                      654,531        
Stockholders' equity            4,914,412                      4,865,851        
     Total liabilities & stockholders' equity $          6,605,252            $         6,687,945        

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