Ansys Announces Financial Results With Record Q2 ACV and Revenue

The Company currently expects the following for the fiscal year ending December 31, 2021:

(in millions, except percentages and per share data) GAAP  Non-GAAP
Revenue $1,818.9 - $1,868.9   $1,840.0 - $1,890.0 
Revenue Growth Rate 8.2% - 11.2%   8.5% - 11.5% 
Revenue Growth Rate — Constant Currency  6.9% - 9.9%   7.3% - 10.2% 
Diluted earnings per share $4.51 - $4.91   $6.85 - $7.15 

The difference between the GAAP and non-GAAP revenue guidance presented above is a result of the expected impact of the application of the fair value provisions applicable to the accounting for business combinations in the amount of $4.2 million for the third quarter and $21.1 million for FY 2021.

(in millions, except percentages) Other Financial Metrics
ACV  $1,800.0 - $1,845.0  
ACV Growth Rate   11.4% - 14.1%  
ACV Growth Rate — Constant Currency   10.8% - 13.5%  
Operating cash flows   $495.0 - $535.0  

/ Conference Call Information

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