One of those agreements was the second largest deal in the history of the company, a five-year $79 million contract with an enterprise customer. On total, that includes eight deals in the eight figures. Q4 saw stronger than expected sales activity, which we believe was driven by a combination of deferred customer spending from earlier quarters greater than expected end of year customer budgets in the Americas and in EMEA, coupled with increased, albeit cautious optimism in the economy, thanks to the emergence of COVID-19 vaccines and expected government stimulus activities.ĭuring Q4, we closed nearly 100 deals over $1 million. We beat up financial guidance for the quarter across all key metrics, including revenue, ACV, earnings per share, and cash flow. Q4 was another excellent quarter for ANSYS, capping off the most successful year in a 50-year history. Good morning, everyone and thank you for joining us. Ajei?Ījei Gopal - President & Chief Executive Officer I would now like to turn the call over to our CEO, Ajei Gopal, for his opening remarks. All of this information is available in the sustainability section of our Investor Relations website. Additionally, we published our non-financial materiality assessment, which will guide our ESG strategy, as well as the human capital infographic highlighting key aspects of our ANSYS culture and talent management. Earlier this year, we published our first product hand print use case focused on electric vehicles, illustrating how ANSYS solutions play a critical role in solving many of the industry's challenges. Before I turn the call over to Ajei, I would now like to let everybody know that we are continuing to make progress toward our environmental, social and governance roadmap.
Ansys inc full#
A discussion of the various items that are excluded and a full reconciliation of GAAP to the comparable non-GAAP financial measures is included in this morning's earnings release materials and related Form 8-K.
Ansys inc update#
These statements are based upon our view of the business as of today and ANSYS undertakes no obligation to update any such information.ĭuring this call and in the prepared remarks, we'll be referring to non-GAAP financial measures, unless otherwise stated.
Additionally, the company's reported results should not be considered an indication of future performance as there are risks and uncertainties that could impact our business in the future.
We note that the impacts of the COVID-19 pandemic on our performance could cause actual results to differ materially from our projections. I would like to remind everyone that in addition to any risks and uncertainties that we highlight during the course of this call, important factors that may affect our future results are discussed at length in our public filings with the SEC, all of which are also available via our website. They contain the key financial information and supporting data relative to our fourth quarter and full year 2020 financial results and business update, as well as our initial Q1 and fiscal year 2021 outlook and the key underlying quantitative and qualitative assumptions. Our earnings release, the related prepared remarks document and the link to our fiscal year 2020 Form 10-K have all been posted on the homepage of our Investor Relations website.
0 kommentar(er)
