ANSYS $ANSS stock is in an uptrend channelUptrend and downtrend channel patterns are technical analysis tools used to identify potential future price movements. They are formed by two parallel lines on a chart and can be u... as of December 4, 2022. The stock looks set to test its 200 day moving average during the week beginning on December 5, 2022. A break above the 200 day moving average would be a major psychological victory for Bulls. The stock is in a technical weak downtrend.
Unusual Dark Pool Trading in Ansys $ANSS Stock
An unusually large dark pool trade occurred in Ansys $ANSS stock on November 29, 2022. We think the $29 million trade was a dark pool buy order because $ANSS stock rose following the trade hitting the tape.
Ansys Announces Q3 Financial Results
On November 2, 2022, ANSYS reported third quarter 2022 results. Ansys reported Q3 EPS of $1.77 versus the consensus estimate of $1.63. The company reported Q3 revenueThe income statement provides a summary of a company's revenue and expenses over a specified period of time, typically a year or a quarter. It shows the company's total revenue, th... of $472.51M versus the consensus estimate of $466.94M. The company guided below consensus estimates with Q4 EPS between $2.58-$2.90 versus the consensus estimate of $2.95. The company forecasts Q4 revenue between $621.3M-$656.8M versus the consensus estimate of $666.81M.
“Ansys delivered another outstanding quarter, exceeding our financial guidance across all key metrics. We once again had double-digit ACV and revenue growth in constant currency both in the quarter and year-to-date. Our strong Q3 ACV performance was broad based across customer types, geographies and industries in constant currency, which is further evidence of the essential nature of our market-leading simulation portfolio, multiphysics product leadership and deep customer relationships. Looking to the remainder of 2022 and beyond, I am confident in our ability to execute against our outlook,” said Ajei Gopal, Ansys president and CEO.