Reported 2 days ago
Ansys reported stronger-than-expected fourth-quarter revenue and profit, driven by increased demand for its AI-driven simulation software, causing shares to rise by 2%. The company achieved $882.2 million in revenue, exceeding analyst estimates of $863.5 million. Ansys continues to expand its innovative AI solutions, while also finalizing a $35 billion acquisition deal with Synopsys, which includes divesting certain software assets to address competition concerns.
Source: YAHOO