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ANSYS Feature

ANSYS Moves Strongly Forward Propelled by Fluent Acquisition

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Full article is available for a fee

Randall S. Newton, August 10, 2007

Simulation and analysis software maker ANSYS, Inc. (Nasdaq: ANSS) this week reported a strong second quarter that suggests last year’s acquisition of Fluent has been a success. Total revenue for the second fiscal quarter of 2007, ended June 30, was $92.2 million, up from $62.2 million year-over. Software Licenses revenue was $59.4 million, up from $34.7 million the same quarter in 2006.

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Net income was $18.3 million, compared to a net loss of $19.4 million year-over. Maintenance and service revenue was $32.7 million, compared with $27.5 million.

Operating expenses were $42.8 million in the quarter, compared with $63.3 million a year ago. It was during the second quarter of 2006 that ANSYS acquired Fluent.

The full article is available for a fee at CADCAMNet

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