Ansys Announces Q3 Financial Results
1 Diluted weighted average shares were 87,885.
| |
Three Months Ended |
| |
September 30, 2023 |
|
(in thousands, except percentages and per share data) |
Gross Profit | |
% of Revenue | |
Operating Income | |
% of Revenue | |
Net Income | |
EPS - Diluted1 |
| Total GAAP | $ | 393,538 | | 85.8 | % | | $ | 69,816 | | 15.2 | % | | $ | 55,502 | | | $ | 0.64 | |
| Stock-based compensation expense | | 3,568 | | 0.8 | % | | | 58,061 | | 12.7 | % | | | 58,061 | | | | 0.66 | |
| Excess payroll taxes related to stock-based awards | | 3 | | — | % | | | 241 | | 0.1 | % | | | 241 | | | | — | |
| Amortization of intangible assets from acquisitions | | 20,707 | | 4.5 | % | | | 26,654 | | 5.8 | % | | | 26,654 | | | | 0.31 | |
| Expenses related to business combinations | | — | | — | % | | | 1,465 | | 0.3 | % | | | 1,465 | | | | 0.02 | |
| Adjustment for income tax effect | | — | | — | % | | | — | | — | % | | | (19,026 | ) | | | (0.22 | ) |
| Total non-GAAP | $ | 417,816 | | 91.1 | % | | $ | 156,237 | | 34.1 | % | | $ | 122,897 | | | $ | 1.41 | |
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