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Ansys Announces Q2 Financial Results
GlobeNewswire News Room· 2024-07-31 20:30
/ 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 ...
Factors to Note Ahead of ANSYS' (ANSS) Q2 Earnings Release
ZACKS· 2024-07-30 13:40
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 ...
Ansys 2024 R2 Delivers Multiphysics Innovation Across Industries and Engineering Domains
Prnewswire· 2024-07-23 12:59
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 (ANSS), NVIDIA, Super Micro Team Up to Enhance Simulation
ZACKS· 2024-07-19 15:46
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 ...
Ansys to Release Second Quarter 2024 Earnings on July 31, 2024
Prnewswire· 2024-07-18 20:30
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 Listed in AWS "ICMP" for the US Federal Government
Prnewswire· 2024-07-09 12:57
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 ...
Ansys Multiphysics Signoff Solutions Certified for Samsung's 2nm Power Backside Delivery Technology
Prnewswire· 2024-06-26 13:00
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 Joins Intel Foundry's United States Military, Aerospace, and Government (USMAG) Alliance
Prnewswire· 2024-06-24 15:30
Core Insights - Ansys is collaborating with Intel Foundry to enhance thermal management technology for the Intel 18A silicon process, focusing on high-performance computing, graphics, and AI products for U.S. national security applications [1][2][3] Group 1: Collaboration and Alliance - Ansys has joined the Intel Foundry Accelerator USMAG Alliance to support secure chip design methodologies for military, aerospace, and government applications [2][4] - The collaboration aims to optimize Ansys' semiconductor simulation tools to meet the requirements of Intel Foundry's process design kits (PDKs) [2][3] Group 2: Technical Enhancements - Ansys is enhancing its Redhawk-SC platform to provide a comprehensive thermal management flow for the Intel 18A process, which includes innovative backside power delivery technology, PowerVia [3][4] - The partnership will also focus on signoff verification of thermal and power integrity, as well as mechanical reliability for Intel's embedded multi-die interconnect bridge (EMIB) technology [3][4] Group 3: Industry Impact - The collaboration addresses complex multiphysics challenges and stringent requirements in thermal, power, mechanical, and reliability aspects for military and aerospace products [4] - Ansys' simulation capabilities are expected to deliver greater value to customers in the semiconductor industry, particularly in the context of national security [4]
Ansys (ANSS) Unveils ConceptEV Platform to Advance EV Designs
ZACKS· 2024-06-21 14:05
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]
Ansys (ANSS) Uses NVIDIA Omniverse Platform for 3D-IC Designs
ZACKS· 2024-06-20 14:00
Ansys (ANSS) is leveraging NVIDIA Corporation’s (NVDA) Omniverse application programming interfaces (APIs). This will “supercharge” the design of 3D integrated circuits (3D-ICs) through the integration of Ansys' multiphysics simulation capabilities with the Omniverse platform.NVDA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company’s focus has evolved from PC graphics to artificial intelligence (AI) based solutions tha ...