Ansys Announces Financial Results With Record Q4 and FY 2020 Revenue, ACV and Operating Cash Flow


  GAAP  Non-GAAP
(in millions, except percentages and per share data) FY 2020  FY 2019  % Change  FY 2020  FY 2019  % Change
Revenue $ 1,681.3   $1,515.9  11 %  $ 1,695.5   $1,528.4  11%
Net income $ 433.9   $451.3  (4)%  $ 584.6   $565.0  3%
Diluted earnings per share $ 4.97   $5.25  (5)%  $ 6.70   $6.58  2%
Operating profit margin 29.5  % 34.0%    43.0  %   45.3 %    

The non-GAAP financial results highlighted above, and the non-GAAP financial outlook for 2021 discussed below, represent non-GAAP financial measures. Reconciliations of these measures to the appropriate GAAP measures, for the three and twelve months ended December 31, 2020 and 2019, and for the 2021 financial outlook, can be found in the condensed financial information included in this release.

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