Recap: Ansys Q1 Earnings


Ansys ANSS reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:30 PM.

Here's what investors need to know about the announcement.


Ansys beat estimated earnings by 14.91%, reporting an EPS of $1.85 versus an estimate of $1.61.

Revenue was up $80.85 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.29 which was followed by a 10.48% increase in the share price the next day.

Here's a look at Ansys's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.80 1.63 1.60 1.14
EPS Actual 3.09 1.77 1.77 1.36
Revenue Estimate 647.41M 467.09M 467.12M 407.56M
Revenue Actual 694.69M 473.67M 475.89M 428.60M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).


Ansys management provided guidance for FY 2023, expecting earnings between $8.39 and $8.91 per share.

To track all earnings releases for Ansys visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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