Ansys Announces Q4 and FY 2024 Financial Results
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Ansys reported strong Q4 and FY 2024 financial results with significant revenue growth and high profit margins. Q4 revenue was $882.2 million, a 10% increase from the previous year, and FY 2024 revenue was $2,544.8 million, a 12% increase. The company also reported high operating cash flows and annual contract value.
February 19, 2025 | 9:45 pm
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Ansys reported strong Q4 and FY 2024 financial results with significant revenue growth and high profit margins. Q4 revenue was $882.2 million, a 10% increase from the previous year, and FY 2024 revenue was $2,544.8 million, a 12% increase. The company also reported high operating cash flows and annual contract value.
Ansys' strong financial performance in Q4 and FY 2024, with significant revenue growth and high profit margins, is likely to positively impact its stock price. The reported increase in revenue and profit margins indicates robust business operations, which is favorable for investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100