ansys inc (AKX) Snapshot

Ansys announced that it has recently updated its tool for simulating 3D full-wave electromagnetic fields, HFSS, to include a 3D electrical layout interface as well as a planar Method of Moments (MoM) solver for a more accurate and streamlined design workflow. In addition to the traditional 3D modeler interface, the new 3D electrical layout interface for ANSYS HFSS version 14.5 service pack 2 is a significant usability enhancement for designers of high-performance electronic devices. The update enables engineers to quickly and easily create sophisticated electromagnetic simulations using an intuitive layout interface and achieve reliable, accurate and high-fidelity results from the HFSS solver. The 3D electrical layout interface also enables more efficient integration with established EDA design flows as well as the direct import of layout geometry from ODB++ compatible databases such as Altium(R), Cadence(R), Mentor Graphics(R) and Zuken(TM). The new planar MoM solver gives users the ability to quickly perform complex calculations and explore many design alternatives early in the design cycle while still being able to take advantage of HFSS' robust analysis capabilities to optimize and verify the design later in the process. Automatic set up of port assignment, radiation boundary conditions and layered material properties functionalities further simplify the model creation process and allows users to easily create designs of their electronic products with fully parametric planar stackups, via padstacks and transmissions lines, as well as other types of planar structures and transitions.

Ansys, Inc. (NasdaqGS:ANSS) seeks acquisitions. "So the acquisitions will continue to be a way for us to quickly get new human capital into the Company, really smart people that will generate the next generation of problems -- products, there are ways of advancing technology much more quickly than we could kind of internally incubated. But I would say that the number of targets that are in different sizes that we had to kind of re-look at what that was," Jim Cashman, ANSYS, Inc's President & Chief Executive Officer said.

Ansys, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenue of $197,732,000 against $185,345,000 a year ago. Operating income was $69,549,000 against $67,828,000 a year ago. Income before income tax provision was $69,589,000 against $67,295,000 a year ago. Net income was $51,023,000 against $45,539,000 a year ago. Diluted earnings per share were $0.54 against $0.48 a year ago. Operating cash flows of $95.4 million, a 14% increase over first quarter of 2012. For the quarter ending June 30, 2013, the company expected GAAP revenue in the range of $204.6 million to $210.6 million. Non-GAAP revenue is expected in the range of $206.0 million to $212.0 million. GAAP diluted earnings per share are expected of $0.50 to $0.55. Non-GAAP diluted earnings per share are expected of $0.69 to $0.72. For the year ending December 31, 2013, the company expected GAAP revenue in the range of $850.4 million to $870.4 million. Non-GAAP revenue is expected in the range of $855.0 million to $875.0 million. GAAP diluted earnings per share expected of $2.24 to $2.36. Non-GAAP diluted earnings per share are expected of $2.96 to $3.04.