ANSYS, Inc. (NASDAQ: ANSS) measured 3% and 8% per share growth in diluted earnings

      

Posted By - Scott Weaver

ANSYS, Inc. (NASDAQ: ANSS) above +1.97% and ended at $+3.95. The stock’s market capitalization arrived at $17.19B and total traded volume was 344,775 shares. The stock has a 52-week highest price of $208.56 and its 52-week lowest price was called at $136.80. During last trade, its maximum trading price was registered $205.00 and it’s the minimum trading price was noted $201.30.

ANSYS, Inc. (NASDAQ: ANSS), recently stated first quarter 2019 GAAP and non-GAAP revenue growth of 12% and 13%, respectively, or 15% and 16%, respectively, in constant currency. For the first quarter, the Company stated growth in diluted earnings per share of 3% and 8% on a GAAP and non-GAAP basis, respectively.

Key Highlights – Q1 2019

  • GAAP revenue of $317.1M and non-GAAP revenue of $319.9M
  • GAAP diluted earnings per share of $1.01 and non-GAAP diluted earnings per share of $1.29
  • GAAP operating profit margin of 30.2% and non-GAAP operating profit margin of 42.9%
  • Operating cash flows of $151.6M, a raise of 14% over Q1 2018
  • Deferred revenue and backlog of $672.6M at March 31, 2019, a raise of 13% over Q1 2018
  • Repurchased 0.3M shares in the first quarter at an average price of $179.42

ANSYS, Inc. (NASDAQ: ANSS)’s current space from 20-Day Simple Moving Average is 5.16% and standing 7.29% away from 50-Day Simple Moving Average while changed hands up 18.74% from 200-Day Simple Moving Average. The stock has advanced 49.72% to a low over the last 12 months and pointed declining move -1.79% to a high over the close phase.