EXHIBIT 99.1 Contact: Investors: Kelsey DeBriyn 724.820.3927 kelsey.debriyn@ansys.com Media: Mary Kate Joyce 724.820.4368 marykate.joyce@ansys.com Ansys Announces Q2 Financial Results / Q2 2024 Results • Revenue of $594.1 million • GAAP diluted earnings per share of $1.48 and non-GAAP diluted earnings per share of $2.50 • GAAP operating profit margin of 26.5% and non-GAAP operating profit margin of 44.9% • Operating cash flows of $80.7 million and unlevered operating cash flows of $90.7 million • Annual con ...

/ Q2 2024 Results Revenue of $594.1 millionGAAP diluted earnings per share of $1.48 and non-GAAP diluted earnings per share of $2.50GAAP operating profit margin of 26.5% and non-GAAP operating profit margin of 44.9%Operating cash flows of $80.7 million and unlevered operating cash flows of $90.7 millionAnnual contract value (ACV) of $520.5 millionDeferred revenue and backlog of $1,394.0 million on June 30, 2024     PITTSBURGH, July 31, 2024 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ: ANSS), today reported seco ...

ANSYS Inc (ANSS) is scheduled to report results for the second quarter of 2024 on Jul 31, after the closing bell.The Zacks Consensus Estimate for EPS is pegged at $1.94, unchanged in the past 60 days. The figure indicates an increase of 21.25% from the year-ago quarter’s reported figure.The Zacks Consensus Estimate for revenues is pegged at $550.8 million, indicating growth of 10.91% from the prior-year quarter’s levels.ANSS’ earnings missed the Zacks Consensus Estimate in the last quarter but surpassed in ...

Core Insights - Ansys 2024 R2 enhances product design capabilities by integrating AI and multiphysics simulation, allowing for more efficient workflows and deeper insights into complex product performance [2][3][5] Product Enhancements - The release introduces Ansys TwinAI™ for AI-enhanced simulations and Ansys HFSS-IC™ for advanced electromagnetic analysis of integrated circuits [2][5] - Ansys 2024 R2 focuses on improving run times, scaling capacity, and providing hardware flexibility, making multiphysics simulations more accessible [2][3] Industry Applications - The new features are expected to boost productivity and collaboration across various industries, including automotive and semiconductor sectors [3][6] - Enhancements in Ansys Mechanical™ software improve noise, vibration, and harshness (NVH) analysis for electric vehicle powertrains [6] AI Integration - Ansys TwinAI software combines real-world data insights with multidomain models, facilitating cloud or edge deployments for enhanced data utilization [8] - AI-driven solutions in Ansys RaptorX™ optimize IC floorplans, significantly reducing design time from weeks to days [9] Hardware Optimization - Ansys 2024 R2 supports high-performance computing (HPC) with solvers optimized for both CPUs and GPUs, enhancing simulation speed and efficiency [10][11] - The AVxcelerate Sensors™ software now features adaptive grid sampling, achieving 3x faster simulations and 6.8x less GPU memory usage [10]

ANSYS, Inc. (ANSS) recently strengthened its collaboration with NVIDIA and Supermicro to offer Turnkey hardware solutions that dramatically enhance Ansys Multiphysics simulation capabilities. This partnership focuses on customizing hardware for Ansys' simulation software, resulting in remarkable speed enhancements of up to 1,600 times in computational tasks.Optimizing multiphysics simulations involves integrating various physics solvers with hardware options of different sizes and configurations, each provi ...

PITTSBURGH, July 18, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its second quarter earnings on Wednesday, July 31, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.After the market closes on Wednesday, July 31, 2024, you can find the following information on the investor ...

Ansys STK is now available to US Government Customers in ICMPPITTSBURGH, July 9, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) a global leader in engineering simulation software solutions, today announced that it is listing Ansys STK™ in the AWS Marketplace for the US Intelligence Community (ICMP). ICMP is a curated digital catalog from Amazon Web Services (AWS) that makes it easy to discover, purchase, and deploy software packages and applications from vendors that specialize in supporting government customers ...

Core Insights - Ansys power integrity platforms, specifically RedHawk-SC™ and Totem™, have been certified for Samsung's SF2Z 2nm manufacturing technology, enabling advanced semiconductor product design for various high-performance applications [2][3] Group 1: Technology and Certification - The certification of Ansys solutions allows early adopters to design leading-edge semiconductor products for high-performance computing (HPC), smartphones, artificial intelligence (AI), data center communication, and graphics processors [2] - Samsung's SF2Z technology features a power distribution network relocated to the backside of the chip, which saves space, reduces costs, and enhances performance [2][3] Group 2: Product Features - RedHawk-SC provides accurate signoff verification for electromigration and voltage drop (IR drop) on power distribution networks for digital designs, while Totem offers comprehensive evaluation for analog and mixed-signal designs [3] - Both platforms aim to reduce project risk, improve reliability, and extend the longevity of chips [3] Group 3: Collaboration and Commitment - Samsung Foundry and Ansys have collaborated closely to ensure mutual customers have timely access to necessary design tools, addressing challenges in digital, full-custom, mixed-signal, and 3D-IC designs [3] - The partnership emphasizes the commitment of both companies to deliver technology solutions that meet semiconductor technology needs, enhancing the user experience for joint customers [3]

Ansys is developing thermal management technology for the Intel 18A silicon process to enable HPC, graphics, and AI products supporting U.S. national security applications / Key Highlights Ansys joins the Intel Foundry Accelerator United States Military, Aerospace, and Government (USMAG) Alliance to deliver secure design methodologies and flows for U.S. security applications Ansys deepens its technical collaboration with Intel Foundry – enhancing Ansys Redhawk-SC™ to deliver a comprehensive thermal managem ...

Group 1: Ansys Product Launch - Ansys launched Ansys ConceptEV, a SaaS solution for EV powertrain design, enabling collaboration among engineers on a shared system model [1][2] - ConceptEV connects component designs to system-level requirements, facilitating quick analysis and reducing errors, time, and costs [2] Group 2: Competitive Edge and Partnerships - Ansys has a competitive edge through innovative product launches, including AnsysGPT, an AI-driven virtual support platform [3] - The company partnered with NVIDIA to enhance 3D integrated circuit design using Ansys' multiphysics simulation capabilities [3] Group 3: Acquisition and Shareholder Approval - Ansys signed an agreement to be acquired by Synopsys for approximately $35 billion, with shareholders set to receive $197 in cash and 0.3450 shares of Synopsys common stock per ANSS share [3] Group 4: Stock Performance - Ansys currently holds a Zacks Rank 4 (Sell) and has shown no change in stock price over the past year, contrasting with a 26.7% growth in its sub-industry [4]