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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