NASDAQ$ANSS

ANSYS · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported record revenue, ACV, and operating cash flow in Q2.

ANSYS reported a strong Q2 with revenue, operating margins, and earnings exceeding financial guidance, closing the largest deal in its 50-year history and the largest sales agreement for new business.

  • GAAP revenue of $385.7 million and non-GAAP revenue of $389.7 million.
  • GAAP diluted earnings per share of $1.11 and non-GAAP diluted earnings per share of $1.55.
  • GAAP operating profit margin of 29.3% and non-GAAP operating profit margin of 42.9%.
  • Deferred revenue and backlog of $846.5 million at June 30, 2020.

Headline financials

Total Revenue

$390M

Previous: $371M+5.2%
EPS (adj)

$1.55

Previous: $1.61-3.7%
Annual Contract Value

$344M

Previous: $326M+5.6%
Net Income

$96.6M

Previous: $110M-12.0%
Operating Income

$113M

Previous: $129M-12.3%
Gross Profit

$332M

Previous: $328M+1.1%
Cash & Equivalents

$745M

Previous: $631M+18.0%
Total Assets

$4.67B

Previous: $3.51B+33.0%
Stock-Based Comp

$34.1M

Previous: $29.1M+17.2%

Revenue & EPS history

ANSYS · Revenue · Quarterly

$390M

Q2 2020+5.2%vs Q2 2019
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

ANSYS · $232M total across 1 segment · Q2 2021

  • Maintenance
    $232M

Forward guidance

The Company currently expects the following for the quarter ending September 30, 2020:

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports

Historical avg

+0.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+2.4%

Avg return

30 days after

46%

30 / 65 earnings

Positive

+13.0%

Q2 2012

Best reaction

-9.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2025-0.7%+0.3%+2.8%
Q4 2025+1.1%-1.9%-3.7%
Q3 2025+9.6%+6.8%+6.3%
Q2 2024+1.8%-2.5%+5.6%
Q1 2024-3.2%-1.1%-2.4%
Q4 2023+2.5%+1.3%+5.2%
Q3 2023-1.9%+1.0%+5.5%
Q2 2023-9.3%-8.9%-5.2%
Q1 2023-1.9%-4.7%+5.2%
Q4 2022+10.9%+11.2%+18.8%
Q3 2022-3.3%+1.0%+17.0%
Q2 2022+6.0%+2.3%-11.5%
Q1 2022-2.6%-11.0%-7.4%
Q4 2021+4.5%+7.0%+1.9%
Q3 2021+6.7%+5.7%+0.3%
Q2 2021+0.7%+0.3%-0.6%
Q1 2021-5.1%
Q4 2020-9.9%
Q3 2020+3.9%
Q2 2020+2.1%
Q1 2020-0.6%
Q4 2019-8.4%
Q3 2019+3.3%
Q2 2019+1.5%
Q1 2019-2.3%
Q4 2018+1.4%
Q3 2018+11.0%
Q2 2018-0.3%
Q1 2018-0.1%
Q4 2017-4.1%
Q3 2017+8.8%
Q2 2017-5.3%
Q1 2017+7.8%
Q4 2016+2.5%
Q3 2016-6.6%
Q2 2016+5.0%
Q1 2016-5.9%
Q4 2015-2.9%
Q3 2015-4.3%
Q2 2015-2.4%
Q1 2015-1.2%
Q4 2014-0.4%
Q3 2014+1.2%
Q2 2014+2.7%
Q1 2014-3.0%
Q4 2013-1.1%
Q3 2013-5.2%
Q2 2013+12.0%
Q1 2013-6.7%
Q4 2012+2.0%
Q3 2012-3.6%
Q2 2012+13.0%
Q1 2012+2.2%
Q4 2011-3.3%
Q3 2011+6.7%
Q2 2011-0.9%
Q1 2010-0.7%
Q1 2011-0.5%
Q4 2008+4.1%
Q4 2010+4.1%
Q3 2010+1.4%
Q3 2009+1.4%
Q2 2010-5.1%
Q2 2009-5.1%
Q4 2009-5.1%

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