Ansys Announces Financial Results With Record Q3 Revenue and ACV
| |
Three Months Ended |
| |
September 30, 2020 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted1 |
| Total GAAP |
$ |
366,965 | | |
$ |
313,580 | | |
85.5 |
% | |
$ |
90,085 | | |
24.5 |
% | |
$ |
75,627 | | |
$ |
0.87 | |
| Acquisition accounting for deferred revenue |
2,164 | | |
2,164 | | |
— |
% | |
2,164 | | |
0.5 |
% | |
2,164 | | |
0.02 | |
| Stock-based compensation expense |
— | | |
3,626 | | |
0.9 |
% | |
38,185 | | |
10.4 |
% | |
38,185 | | |
0.44 | |
| Excess payroll taxes related to stock-based awards |
— | | |
85 | | |
— |
% | |
732 | | |
0.2 |
% | |
732 | | |
0.01 | |
| Amortization of intangible assets from acquisitions |
— | | |
9,911 | | |
2.8 |
% | |
14,148 | | |
3.8 |
% | |
14,148 | | |
0.16 | |
| Transaction expenses related to business combinations |
— | | |
— | | |
— |
% | |
1,549 | | |
0.4 |
% | |
1,549 | | |
0.02 | |
| Adjustment for income tax effect |
— | | |
— | | |
— |
% | |
— | | |
— |
% | |
(14,133 |
) | |
(0.16 |
) |
| Total non-GAAP |
$ |
369,129 | | |
$ |
329,366 | | |
89.2 |
% | |
$ |
146,863 | | |
39.8 |
% | |
$ |
118,272 | | |
$ |
1.36 | |
