Ansys Announces Financial Results With Record Q1 ACV, Revenue, Diluted EPS and Operating Cash Flow

Ansys will hold a conference call at 8:30 a.m. Eastern Time on May 4, 2023 to discuss first quarter results. The Company will provide its prepared remarks on the Company’s investor relations homepage and as an exhibit in its Form 8-K in advance of the call to provide stockholders and analysts with additional time and detail for analyzing its results in preparation for the conference call. The prepared remarks will not be read on the call, and only brief remarks will be made prior to the Q&A session.

To participate in the live conference call, dial 855-239-2942 (US) or 412-542-4124 (Canada & Int’l). The call will be recorded and a replay will be available within two hours after the call. The replay will be available by dialing (877) 344-7529 (US), (855) 669-9658 (Canada) or (412) 317-0088 (Int’l) and entering the access code 9058650. The archived webcast can be accessed, along with other financial information, on Ansys' website at https://investors.ansys.com/events-presentations/events.

/ GAAP Financial Statements

ANSYS, INC. AND SUBSIDIARIES
Condensed Consolidated Balance Sheets
(Unaudited)
(in thousands) March 31, 2023  December 31, 2022
ASSETS:   
Cash & short-term investments $ 507,854  $614,574 
Accounts receivable, net  653,763   760,287 
Goodwill  3,737,195   3,658,267 
Other intangibles, net  870,544   809,183 
Other assets  711,578   845,634 
Total assets $ 6,480,934  $6,687,945 
LIABILITIES & STOCKHOLDERS' EQUITY:   
Current deferred revenue $ 396,331  $413,989 
Long-term debt  753,653   753,574 
Other liabilities  548,788       654,531  
Stockholders' equity   4,782,162       4,865,851  
Total liabilities & stockholders' equity $ 6,480,934     $ 6,687,945  
               

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