ANSYS Inc. (ANSS)

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The U.S. Federal Trade Commission said on Wednesday it will require two software companies —Synopsys and Ansys — to divest certain assets to resolve antitrust concerns surrounding their $35 billion me...

Live Updates Live Coverage Updates appear automatically as they are published. What’s Priced In 1:58 pm Synopsys enters earnings with momentum and strong buy-side support. The stock is up 14% this mon...

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ANSS first-quarter earnings and revenues lag estimates. The top line rises year over year, driven by strong maintenance, service and subscription lease growth.

Ansys (ANSS) came out with quarterly earnings of $1.64 per share, missing the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $1.39 per share a year ago.

Ansys reported first-quarter revenue below Wall Street estimates on Wednesday, impacted by weak enterprise spending for its simulation software amid an uncertain economy.

ANSS' Q1 earnings are likely to have gained from increased sales of its simulation solutions across major verticals amid forex and stiff competition.

Ansys achieves a breakthrough by running the largest-ever Fluent CFD simulation on 1,024 AMD GPUs with Baker Hughes, using the Frontier exascale supercomputer.

Four of ANSS' Lumerical simulation tools, FDTD, MODE, CHARGE and HEAT, have been certified for the GF Fotonix platform.