ANSYS shares are trading lower after the company reported a year-over-year decrease in Q3 revenue results.
Portfolio Pulse from Benzinga Newsdesk
ANSYS reported a year-over-year decrease in Q3 revenue results, leading to a drop in its share price.
November 02, 2023 | 3:34 pm
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ANSYS's Q3 revenue results showed a year-over-year decrease, causing its shares to trade lower.
The decrease in ANSYS's Q3 revenue results indicates a potential slowdown in the company's growth, which is likely to negatively impact investor sentiment and lead to a decrease in the company's share price in the short term.
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