Ansys Announces Financial Results With Record Q1 ACV, Revenue, Diluted EPS and Operating Cash Flow
1 Diluted weighted average shares were 87,431.
| |
Three Months Ended |
| |
March 31, 2022 |
|
(in thousands, except percentages and per share data) |
Revenue | |
Gross Profit | |
% | |
Operating Income | |
% | |
Net Income | |
EPS - Diluted1 |
| Total GAAP | $ | 425,077 | | | $ | 360,317 | | | 84.8 | % | | $ | 81,163 | | | 19.1 | % | | $ | 70,988 | | | $ | 0.81 | |
| Acquisition accounting for deferred revenue | | 3,560 | | | | 3,560 | | | 0.1 | % | | | 3,560 | | | 0.7 | % | | | 3,560 | | | | 0.04 | |
| Stock-based compensation expense | | — | | | | 2,563 | | | 0.6 | % | | | 35,651 | | | 8.3 | % | | | 35,651 | | | | 0.41 | |
| Excess payroll taxes related to stock-based awards | | — | | | | 417 | | | 0.1 | % | | | 5,053 | | | 1.2 | % | | | 5,053 | | | | 0.06 | |
| Amortization of intangible assets from acquisitions | | — | | | | 17,252 | | | 4.0 | % | | | 21,377 | | | 5.0 | % | | | 21,377 | | | | 0.24 | |
| Expenses related to business combinations | | — | | | | — | | | — | % | | | 1,738 | | | 0.4 | % | | | 1,738 | | | | 0.02 | |
| Adjustment for income tax effect | | — | | | | — | | | — | % | | | — | | | — | % | | | (19,132 | ) | | | (0.22 | ) |
| Total non-GAAP | $ | 428,637 | | | $ | 384,109 | | | 89.6 | % | | $ | 148,542 | | | 34.7 | % | | $ | 119,235 | | | $ | 1.36 | |
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