ANSYS Announces Record Q3 Financial Results With Double-Digit Growth in Revenue and ACV


  GAAP  Non-GAAP
(in millions, except percentages and per share data) Q3 YTD
2019
  Q3 YTD
2018
  % Change  Q3 YTD
2019
  Q3 YTD
2018
  % Change
Revenue $ 1,029.7  $878.2  17%  $ 1,035.9  $885.1  17%
Net income $ 285.4  $266.2  7%  $ 370.3  $331.8  12%
Diluted earnings per share $ 3.34  $3.09  8%  $ 4.33  $3.86  12%
Operating profit margin 32.0 % 33.8%    44.0 % 45.5%  
                

The non-GAAP financial results highlighted above, and the non-GAAP financial outlook for 2019 discussed below, represent non-GAAP financial measures. Reconciliations of these measures to the appropriate GAAP measures, for the three and nine months ended September 30, 2019 and 2018, and for the 2019 financial outlook, can be found in the condensed financial information included in this release.

Other Financial Metrics

(in millions, except percentages) Q3 QTD
2019
  Q3 QTD
2018
  % Change   % Change
in Constant
Currency
ACV $ 290.9     $ 257.8     13 %   14 %
Operating cash flows $ 120.4     $ 110.0     9 %    
                         

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