Ansys Announces Financial Results With Record Q3 Cash Flow and ACV

1 Diluted weighted average shares were 87,418.

  Nine Months Ended
  September 30, 2023
(in thousands, except percentages and per share data) Revenue  Gross Profit  %  Operating
Income
  %  Net Income  EPS -
Diluted
1
Total GAAP $ 1,464,841  $ 1,263,592  86.3 %  $ 293,135  20.0 %  $ 225,650   $ 2.58 
Stock-based compensation expense     9,924  0.6 %   158,533  10.7 %   158,533    1.81 
Excess payroll taxes related to stock-based awards     303  %   5,270  0.4 %     5,270       0.06  
Amortization of intangible assets from acquisitions       60,404   4.2 %     77,002   5.3 %     77,002       0.88  
Expenses related to business combinations         %     5,758   0.4 %     5,758       0.07  
Adjustment for income tax effect         %       %     (48,222 )     (0.55 )
Total non-GAAP $ 1,464,841   $ 1,334,223   91.1 %   $ 539,698   36.8 %   $ 423,991     $ 4.85  

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