ANSYS Reports Revenue and Earnings Growth for Fourth Quarter and 2008 Annual Results and Updates Outlook.
Business Wire › February 26, 2009
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ANSYS Reports Revenue and Earnings Growth for Fourth Quarter and 2008 Annual Results and Updates Outlook.
Highlights
* Delivered strong full-year non-GAAP revenue growth of 27%, including organic revenue growth of 16% * Fourth quarter non-GAAP diluted EPS of $0.50 and full year non-GAAP diluted EPS of $1.76 * Strong operating cash flow of $61.7 million in the fourth quarter and $196.7 million in 2008 SOUTHPOINTE, Pa. -- ANSYS, Inc. (NASDAQ: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today reported its fiscal fourth quarter and full year 2008 results. "By staying true to our strategic vision, we validated that the fundamentals of the ANSYS business remain strong, even in the midst of the macro challenges. Our customers' ability to innovate is essential to their future success, which in turn furthers the success of ANSYS. As a result, we continue to have a strong financial model that can drive profitable operations while ANSYS delivers on its promise to provide best in class engineering simulation," commented ANSYS President & CEO Jim Cashman. "The fourth quarter presented us with a combination of both challenges and opportunities. ANSYS' ability to deliver solid financial results was driven by our tight alignment with our customer's research and product development priorities, our broad portfolio of p...See the full content of this document
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