ANSYS Reports Strong Revenue and Earnings Growth for the First Quarter and Increases 2010 Outlook.
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ANSYS Reports Strong Revenue and Earnings Growth for the First Quarter and Increases 2010 Outlook.
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* Revenue of $136.1 million * Non-GAAP diluted earnings per share of $0.47 and GAAP diluted earnings per share of $0.35 * Operating cash flows of $59.7 million * Non-GAAP operating profit margin of 48.7%; GAAP operating profit margin of 36.5% PITTSBURGH -- ANSYS, Inc. (NASDAQ: ANSS), today announced over-performance against its outlook in both revenue and non-GAAP EPS for the first quarter 2010. Growth in the first quarter was spread across all major geographic regions and among a broad array of industries. The results are indicative of continued solid growth in the core business, complemented by the positive impact of the integration of the Ansoft operations, as well as maintenance renewal rates returning to pre-downturn levels. "We are off to a strong start in 2010, as evidenced by our performance during the first quarter. We achieved first quarter highs in both revenue and earnings, and we're exci...See the full content of this document
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