ANSYS Announces Record Q2 2018 Financial Results: Driven by Strong Revenue and Earnings Growth


GAAP and non-GAAP results under ASC 605:

  GAAP  Non-GAAP
(in millions, except percentages and per share data) Q2 2018  Q2 2017  %
Change
  Q2 2018  Q2 2017  %
Change
Revenue $ 294.0  $263.9  11%  $ 298.9  $264.3  13%
Net income $ 82.4  $69.7  18%  $ 107.0  $86.4  24%
Earnings per share $ 0.96  $0.80  20%  $ 1.24  $0.99  25%
Operating profit margin 32.9 % 37.3%    45.5 % 48.3%  


  GAAP  Non-GAAP
(in millions, except percentages and per share data) YTD 2018  YTD 2017  %
Change
  YTD 2018  YTD 2017  %
Change
Revenue $ 578.6  $517.3  12%  $ 584.1  $517.9  13%
Net income $ 168.2  $133.0  26%  $ 211.7  $163.9  29%
Earnings per share $ 1.95  $1.53  27%  $ 2.46  $1.88  31%
Operating profit margin 33.4 % 35.5%    45.4 % 47.3%  
                      

The non-GAAP financial results highlighted above, and the non-GAAP financial outlook for 2018 discussed below, represent non-GAAP financial measures. Reconciliations of these measures to the appropriate GAAP measures, for the three and six months ended June 30, 2018 and 2017, and for the 2018 financial outlook, are included in the condensed financial information included in this release.

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