Ansys Announces Q2 Financial Results With Q2 Record Revenue, ACV and Operating Cash Flow


  GAAP  Non-GAAP
(in millions, except percentages and per share data) Q2 YTD
2020
  Q2 YTD
2019
  % Change  Q2 YTD
2020
  Q2 YTD
2019
  % Change
Revenue $ 690.6   $685.8  1 %  $ 698.6   $690.4  1 %
Net income $ 142.6   $196.0  (27)%  $ 206.6   $248.6  (17)%
Diluted earnings per share $ 1.64   $2.29  (28)%  $ 2.37   $2.91  (19)%
Operating profit margin 21.3  % 32.7%    36.9  % 44.3%  
                    

The non-GAAP financial results highlighted above, and the non-GAAP financial outlook for 2020 discussed below, represent non-GAAP financial measures. Reconciliations of these measures to the appropriate GAAP measures, for the three and six months ended June 30, 2020 and 2019, and for the 2020 financial outlook, can be found in the condensed financial information included in this release.

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