Company Profile For ANSYS, Inc.

ANSYS, Inc. (ANSS.O) (Nasdaq)

sector: Technology · industry: Software ·

As of 25 Nov 2009

39.88USD

Price Change

-0.18

Percent Change

-0.45%

Analyst Recommendations

Overview

ANSYS, Inc. (ANSYS) develops and globally markets engineering simulation software and services used by engineers and designers across a range of industries, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense. The Company focuses on the development of open and flexible solutions that enable users to analyze designs directly on the desktop, providing a common platform for product development, from design concept to final-stage testing and validation. The Company distributes its ANSYS suite of simulation technologies through a global network of resellers and distributors (collectively, channel partners) and direct sales offices in global locations. On July 31, 2008, ANSYS acquired Ansoft Corporation (Ansoft).

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, ANSYS, Inc.'s revenues increased 7% to $366.5M. Net income decreased 1% to $78.8M. Revenues reflect higher income generated from maintenance & services. Net income was offset by an increase in selling, general & administrative expenses, higher research & development, an increase in amortization expenses, the presence of restructuring expenses and higher interest expenses.