Previous close | 324.88 |
Open | 323.91 |
Bid | 320.47 x 100 |
Ask | 322.12 x 200 |
Day's range | 320.05 - 328.47 |
52-week range | 258.01 - 364.31 |
Volume | |
Avg. volume | 466,208 |
Market cap | 28.065B |
Beta (5Y monthly) | 1.15 |
PE ratio (TTM) | 56.20 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Disappointing Start to 2024 as Ansys Navigates Market Challenges and Pending Acquisition
Engineering simulation software provider Ansys (NASDAQ:ANSS) missed analysts' expectations in Q1 CY2024, with revenue down 8.4% year on year to $466.6 million. It made a non-GAAP profit of $1.39 per share, down from its profit of $1.85 per share in the same quarter last year.
ANSYS' (ANSS) Q1 performance is likely to have gained from higher demand for its simulation solutions across verticals like aerospace and defense, high-tech, automotive and ground transportation.