Ansys: Q2 Earnings Insights

Ansys (NASDAQ:ANSS) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Ansys beat estimated earnings by 10.62%, reporting an EPS of $1.77 versus an estimate of $1.6.

Ansys (NASDAQ:ANSS) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Ansys beat estimated earnings by 10.62%, reporting an EPS of $1.77 versus an estimate of $1.6.

Revenue was up $23.34 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22 which was followed by a 5.56% drop in the share price the next day.

Here’s a look at Ansys’s past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.14 2.71 1.34 1.56
EPS Actual 1.36 2.81 1.59 1.85
Revenue Estimate 407.56M 642.39M 414.04M 430.65M
Revenue Actual 428.60M 661.36M 445.42M 452.55M

To track all earnings releases for Ansys visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

Xiaomi’s Q1 Revenue Soars 27% As Global Smartphone Shipments Surge, Eyes Ambitious EV Goals

Xiaomi reported a 27% revenue increase for Q1 2024, reaching RMB75.51 billion. The company's global smartphone shipments rose 33.7% to 40.6 million units, while IoT devices on Xiaomi's AIoT platform surged 27.2% to 786.1 million. Despite a 1% net income decline, signs of recovery in the mobile market are evident. Xiaomi aims to deliver 120,000 SU7 electric vehicles this year.

AAPL

Read More

Markets Turn More Bullish Ahead Of Inflation Data, Fed’s Rate Decision

The CNN Money Fear and Greed index showed further improvement in overall sentiment among U.S. investors on Monday. The S&P 500 surged to its strongest level in 13 months on Monday ahead of inflation data and the Federal Reserve’s policy decision. Markets are currently seeing around 72% chance that the Fed will maintain rates at its upcoming meeting.

ITI