Ansys Announces Financial Results With Record Q1 ACV, Revenue, Diluted EPS and Operating Cash Flow

  Three Months Ended
  March 31, 2023
(in thousands, except percentages and per share data) Revenue  Gross Profit  %  Operating Income  %  Net Income  EPS - Diluted1
Total GAAP $ 509,447   $ 441,795   86.7 %  $ 127,695   25.1 %  $ 100,622   $ 1.15 
Stock-based compensation expense      2,878   0.6 %   44,171   8.7 %   44,171    0.50 
Excess payroll taxes related to stock-based awards      284   0.1 %   4,076    0.8 %     4,076       0.05  
Amortization of intangible assets from acquisitions         19,618     3.8 %     24,799     4.8 %     24,799       0.28  
Expenses related to business combinations             %     2,192     0.4 %     2,192       0.03  
Adjustment for income tax effect             %         %     (14,097 )     (0.16 )
Total non-GAAP $ 509,447     $ 464,575     91.2 %   $ 202,933     39.8 %   $ 161,763     $ 1.85  
                                                   

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