Ansys Inc Q4 adjusted earnings Beat Estimates

(RTTNews) - Ansys Inc (ANSS) reported earnings for its fourth quarter that climbed from the same period last year.

The company's earnings came in at $215.63 million, or $2.46 per share. This compares with $165.85 million, or $1.91 per share, in last year's fourth quarter.

Excluding items, Ansys Inc reported adjusted earnings of $259.70 million or $2.96 per share for the period.

Analysts had expected the company to earn $2.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 28.3% to $623.69 million from $486.23 million last year.

Ansys Inc earnings at a glance:

-Earnings (Q4): $259.70 Mln. vs. $194.71 Mln. last year. -EPS (Q4): $2.96 vs. $2.24 last year. -Analysts Estimate: $2.54 -Revenue (Q4): $623.69 Mln vs. $486.23 Mln last year.

-Guidance: Next quarter EPS guidance: $0.73 - $0.90 Next quarter revenue guidance: $335 - $360 Mln