Originally published May 1, rebuilt here due to site issues.
Engineering simulation software provider Ansys (ANSS) reported revenue of $109.5 million in the first quarter of 2008 and non-GAAP earnings per share of $0.40. This compared with a consensus estimate of $105 million and $0.33.
Ansys also issued new guidance for the full year. It now expects:
* GAAP revenue in the range of $448 – $452 million
* GAAP diluted earnings per share of $1.19 – $1.25
* Non-GAAP diluted earnings per share of $1. 54 – $1.57
The prior consensus estimate called for $453 million in revenue and $1.42 in earnings per share.
One of the reasons I own Ansys is that beating and raising is something of a habit for the company.
Disclosure: At time of publication, William Trent owns shares of Ansys (ANSS).
