ANSYS Announces Exceptional Q3 Results, With Double-Digit Growth in Revenue, EPS, ACV and Operating Cash Flow

GAAP and non-GAAP results under ASC 605:

  GAAP  Non-GAAP
(in millions, except percentages and per share data) Q3 2018  Q3 2017  %
Change
  Q3 2018  Q3 2017  %
Change
Revenue $ 302.0  $275.6  10%  $ 307.9  $276.8  11%
Net income $ 100.1  $73.6  36%  $ 125.4  $91.3  37%
Earnings per share $ 1.16  $0.85  36%  $ 1.46  $1.05  39%
Operating profit margin 35.0 % 38.5%    46.7 % 48.7%  
                      
                      
  GAAP  Non-GAAP
(in millions, except percentages and per share data) YTD 2018  YTD 2017  %
Change
  YTD 2018  YTD 2017  %
Change
Revenue $ 880.6  $792.9  11%  $ 892.0  $794.7  12%
Net income $ 268.3  $206.7  30%  $ 337.1  $255.1  32%
Earnings per share $ 3.12  $2.38  31%  $ 3.92  $ 2.94     33 %
Operating profit margin 34.0 %   36.6 %       45.9 %   47.8 %    

The non-GAAP financial results highlighted above, and the non-GAAP financial outlook for 2018 discussed below, represent non-GAAP financial measures. Reconciliations of these measures to the appropriate GAAP measures, for the three and nine months ended September 30, 2018 and 2017, and for the 2018 financial outlook, are included in the condensed financial information included in this release.

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