BUZZ-Ansys rises on upbeat fourth-quarter results

Reuters

02-20

BUZZ-Ansys rises on upbeat fourth-quarter results

** Shares of simulation software company Ansys ANSS.O rise 3.3% to $347.80 in extended trading

** The company reported fourth-quarter revenue of $882.2 million, compared to analysts' estimate of $863.5 million — LSEG

** On an adjusted basis, the company earned $4.44 per share, compared with the estimate of $3.93 per share

** ANSS is benefiting from the rising demand for its AI-based tools and engineering software solutions

** In 2024, ANSS stock fell 7%

(Reporting by Kritika Lamba in Bengaluru)

((Kritika.Lamba@thomsonreuters.com))

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