Ansys Q3 Adj. EPS $1.41 vs $1.26 Est., Revenue $458.8M vs $469.64M Est.
Portfolio Pulse from Benzinga Newsdesk
Ansys reported Q3 adjusted EPS of $1.41, beating estimates of $1.26. However, the company's revenue of $458.8M fell short of the estimated $469.64M.
November 01, 2023 | 8:34 pm
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Ansys reported better-than-expected Q3 EPS but missed on revenue. This mixed result could lead to volatility in the stock's price.
Ansys' Q3 earnings report showed a beat on EPS, indicating strong profitability. However, the revenue miss suggests weaker-than-expected sales, which could concern investors. This mixed result could lead to short-term volatility in the stock's price.
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