PITTSBURGHAnsys reported fourth-quarter 2010 net income increased 23.9% year-over-year to $60.6 million.

Fourth quarter revenue was $166.6 million, up 11% year-over-year.

Fiscal year 2010 net income increased 21% compared to 2009 to $198.1 million. Full-year revenue was $580.2 million, up 11% compared to 2009.

The company currently expects first-quarter 2011 revenue in the range of $151 million to $157 million.

Ansys forecasts 2011 revenue in the range of $640 million to $660 million.

Ansys provides simulation software for printed circuit boards and electronics systems.

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