Ansys Inc Stock Price, News & Analysis

ANSYS (NASDAQ: ANSS) will announce its Q1 2022 earnings on May 4, 2022, post-market close. A conference call hosted by CEO Ajei Gopal and CFO Nicole Anasenes is scheduled for 8:30 a.m. ET on May 5, 2022, to discuss the results and future outlook. Participants can pre-register and gain immediate access via a unique PIN. The webcast and earnings release will be available on the corporate website. Ansys is recognized as a leader in engineering simulation software, aiding companies in delivering superior products.

Ansys (NASDAQ:ANSS) is collaborating with Northrop Grumman to develop the Deep-Space Advanced Radar Capability (DARC) for the U.S. Space Force. This initiative involves Ansys' simulation and digital mission engineering solutions to create a digital twin prototype for radar systems aimed at enhancing space domain awareness. The initial contract focuses on designing a Site 1 system, expected to be completed by 2025, with plans for additional radar sites globally. This partnership underlines Ansys' commitment to advancing national security through innovative engineering solutions.

Ansys has signed a definitive agreement to acquire OnScale, enhancing its cloud portfolio with a cloud-native, web-based user interface. This integration aims to provide device-independent access to Ansys' simulation technologies through both traditional and new UI formats. The deal will not materially impact Ansys' financial performance in 2022. OnScale's technology is expected to support Ansys' strategy of offering flexible simulation solutions to various customer needs, from large enterprises to startups.

Vestas, a leading renewable energy company, has extended its use of Ansys SCADE to develop advanced wind turbine controllers, enhancing safety and sustainability in power management solutions.

This collaboration aims to integrate complex safety capabilities and improve system performance within wind turbine designs. Ansys SCADE supports Vestas in meeting rigorous certification standards while driving down costs. With the growing emphasis on net-zero energy solutions, this partnership underlines the strategic importance of innovative safety systems in the renewable energy sector.

Ansys (NASDAQ: ANSS) announces the automatic upgrade of Ansys Cloud to include the 3rd Gen AMD EPYC processors with AMD 3D V-Cache technology, available on Microsoft Azure HBv3 virtual machines. This upgrade enhances performance for technical computing workloads, achieving up to an 80% improvement in computational fluid dynamics (CFD) simulations and a 50% boost in finite element analysis (FEA) crash tests. The integration allows customers to solve challenges faster, streamlining design decisions. The collaboration aims to meet the rising demand for high-performance computing.

On March 10, 2022, Ansys (NASDAQ: ANSS) announced a financial contribution to Doctors Without Borders to aid Ukrainian refugees, reflecting its stance against Russia's invasion of Ukraine. Previously, Ansys suspended all sales and consulting activities in Russia and Belarus as part of its response to the ongoing crisis. The company emphasizes its solidarity with the global community, condemning the invasion and supporting its employees affected by the turmoil. Ansys continues to monitor the situation, hoping for a swift resolution and return to peace.

Ansys collaborates with GlobalFoundries (GF) to enhance photonic design capabilities addressing the challenges of modern data centers. The GF Fotonix platform, notable for its integration of 300mm photonics and RF-CMOS on silicon wafers, aims to improve performance and energy efficiency in data transmission. Both companies aim to streamline custom SiPh chip design workflows, combining advanced photonics simulation tools with GF's innovative solutions. The partnership positions GF as a leader in optical networking, with the first process file supporting GF Fotonix set for release in April 2022.

Ansys (NASDAQ: ANSS) has been selected by SiPearl to utilize its Redhawk-SC semiconductor software for developing the Rhea microprocessor family, aimed at powering Europe’s exascale supercomputing initiative. This collaboration focuses on achieving stringent low-power and high-performance goals while minimizing power consumption and enhancing operational reliability. Rhea is expected to perform at 1 quintillion calculations per second, asserting Europe’s leadership in critical semiconductor technology.

ANSYS, Inc. (NASDAQ: ANSS) reported Q4 2021 revenue of $655.7 million, a 5% increase YoY, and a FY 2021 revenue of $1,906.7 million, growing 13%. Q4 diluted EPS stood at $2.30 GAAP and $2.81 non-GAAP. The company achieved an annual contract value (ACV) of $755.4 million in Q4 and $1,870.7 million for FY 2021, marking 16% growth. Management expects Q1 2022 revenue guidance of $391.6 million to $416.6 million, with ACV growth projected at 2.7% - 9.0%. Operating cash flows for FY 2022 are anticipated between $580 million and $620 million.