Ansys beats fourth-quarter estimates on simulation software demand
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Ansys exceeded fourth-quarter revenue and profit estimates due to strong demand for its AI-based tools and engineering software, resulting in a 2% increase in its share price after hours.
February 19, 2025 | 10:15 pm
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Ansys reported better-than-expected fourth-quarter revenue and profit, driven by strong demand for its AI-based simulation software, leading to a 2% increase in its share price after hours.
The company's strong performance in Q4, driven by demand for its AI-based tools, directly led to a 2% increase in its share price after hours. This indicates positive investor sentiment and potential for continued growth.
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