ANSYS, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 03, 2021 at 08:35 pm
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ANSYS, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported revenue was USD 441.17 million compared to USD 366.97 million a year ago. Net income was USD 85.34 million compared to USD 75.63 million a year ago. Basic earnings per share from continuing operations was USD 0.98 compared to USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 0.97 compared to USD 0.87 a year ago.
For the nine months, revenue was USD 1,251.05 million compared to USD 1,057.61 million a year ago. Net income was USD 251.46 million compared to USD 218.26 million a year ago. Basic earnings per share from continuing operations was USD 2.89 compared to USD 2.55 a year ago. Diluted earnings per share from continuing operations was USD 2.86 compared to USD 2.5 a year ago.
ANSYS, Inc. specializes in engineering simulation software dedicated mainly to universities and industries including automotive, aerospace, electronics, biomedical, chemistry, defense and semiconductors. Net sales break down by source of revenue as follows:
- sales of maintenance services (48.6%);
- license sales (48%);
- sales of services (3.4%): primarily training and consulting services;
Net sales are distributed geographically as follows: the United States (46.6%), Germany (8.8%), Europe/Middle East/Africa (17.9%), Japan (8.9%), China and Hong Kong (4.9%), South Korea (4.7%) and others (8.2%).