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BUZZ-Ansys rises on upbeat fourth-quarter results

ReutersFeb 19, 2025 9:58 PM

Shares of simulation software company Ansys ANSS.O rise 3.3% to $347.80 in extended trading

The company reported fourth-quarter revenue of $882.2 million, compared to analysts' estimate of $863.5 million — LSEG

On an adjusted basis, the company earned $4.44 per share, compared with the estimate of $3.93 per share

ANSS is benefiting from the rising demand for its AI-based tools and engineering software solutions

In 2024, ANSS stock fell 7%

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