ANSYSNASDAQ: ANSS

PITTSBURGH, Oct. 17, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) shared today that it plans to announce its third quarter earnings on Wednesday, November 6, 2024, after the market ends. The company has also stated that due to its ongoing deal with Synopsys, Inc., it will not hold quarterly earnings calls or offer guidance for quarterly or annual results.

Faraday Technology will use ANSS's advanced simulation tools to create improved designs for 2.5D and 3D integrated circuits.

Ansys' certified semiconductor solutions will help Faraday reduce the time needed for designing 2.5D/3D integrated circuits (ICs) while ensuring that the designs achieve their performance and signal integrity targets. Faraday Technology Corporation plans to use Ansys RaptorX™ for on-chip electromagnetic modeling to improve its advanced packaging designs. This collaboration will allow Faraday to enhance its interposer and multi-die designs, leading to better memory bandwidth and overall performance for applications in AI, IoT, and 5G.

ANSS is enhancing its collaboration with TSMC to promote advancements in 3D-IC design and multiphysics solutions by utilizing AI technology. This partnership aims to foster innovation in these areas.

Ansys AI technology enhances the efficiency of designing 3D integrated circuits (ICs) and automates important tasks. Their multiphysics platform meets the reliability analysis needs of TSMC customers as they adapt to new 3D-IC designs. Recently, Ansys and TSMC have strengthened their partnership to use AI in improving 3D-IC design and creating advanced multiphysics solutions for various semiconductor technologies.

Four stocks in the big data sector that may see a rise in price in the short term are ANSS, DDOG, PRO, and VRNS.

Ansys' $35 billion acquisition of Synopsys is said to be undergoing careful review by regulators in the United Kingdom.

ANSYS Inc (ANSS) announced its earnings for the second quarter of 2024, reporting $2.50 per share, which is 28.9% higher than what analysts expected. This figure also shows a 56.3% increase compared to the same period last year.

In the second quarter of 2024, ANSYS, Inc. reported a revenue of $594.1 million, which is a 20% increase compared to the same period in 2023. The company also announced diluted earnings per share of $1.48 under GAAP and $2.50 under non-GAAP, up from $0.80 and $1.60 in the previous year. Additionally, the operating profit margins were 26.5% for GAAP and 44.9% for non-GAAP.