Log in / Register
  • How to Run a Design of Experiments

    How to Run a Design of Experiments

    A review of the six fundamental steps behind scientific process development.
      READ MORE...

  • American Standard Circuits’ Push for UHDI is On

    American Standard Circuits’ Push for UHDI is On

    After new technology investments, the flagship operation of the Chicago-based fab is primed for growth.
      READ MORE...

  • Collaborating Across the Industry

    Collaborating Across the Industry

    The High Density Packaging User Group drives innovation through active partnerships.
      READ MORE...

  • Semi-Flexible PCBs: Flexibility without the Polyimide Price Tag

    Semi-Flexible PCBs: Flexibility without the Polyimide Price Tag

    Why a relatively unknown technology might be right for static bend applications.
      READ MORE...

  • Embedded Sensors in Flex Circuits

    Embedded Sensors in Flex Circuits

    From glob top to lamination, solutions for sealing parts in flex.
      READ MORE...

Homepage Slideshow

Ansys Reports Q4 Revenue Up 11%

Published: 28 February 2019
 by Chelsey Drysdale

PITTSBURGH – Ansys reported fourth quarter revenue of $335.9 million, an increase of 11% year-over-year.

Net income was $88.6 million, up 68% compared to the same quarter in 2017.

For 2018, revenue was $1.2 billion, an increase of 11% year-over-year. Net income for the year was $356.9 million, up 38%.

“The fourth quarter was an outstanding quarter capping a stellar 2018,” said Ajei Gopal, president and CEO. “We grew double-digits across all key financial metrics for the quarter and the year.  I am confident we are tracking toward our 2020 objective of sustained, double-digit revenue growth at industry leading margins.”

The company expects first quarter revenue of $286 million to $308 million.

For 2019, Ansys guided for revenue of $1.4 billion to $1.465 billion.

 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article