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The company said its revenue for the first quarter of fiscal 2025 was $1.455 billion, compared with $1.511 billion for Q1 of fiscal 2024. The company said the revenue exceeded the midpoint of its guidance.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its revenue for the first quarter of fiscal 2025 was $1.455 billion, compared with $1.511 billion for Q1 of fiscal 2024. The company said the revenue exceeded the midpoint of its guidance.

  2. The company said that on a continuing operations basis, GAAP net income for Q1 was $295.7 million ($1.89 per diluted share), and non-GAAP net income was $473.2 million ($3.03 per diluted share). For the year-ago period, GAAP net income was $437.5 million ($2.82), and non-GAAP net income was $525.5 million ($3.38).

  3. The company reported Design Automation revenue of $1,020.2 million for Q1 (adjusted operating margin of 39.7%) and Design IP revenue of $435.1 million (29.1%). For the year-ago period, the figures were $985.3 million (36.5%) and $525.7 million (46.7%), respectively.

  4. The company said it reaffirmed its full-year fiscal 2025 guidance. Full-year revenue guidance is $6,745 million to $6,805 million, and non-GAAP EPS guidance is $14.88 to $14.96. The guidance does not reflect the impact of any future financing transactions related to the Ansys Merger.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q1 Revenue of $1.455 billion

The company said its revenue for the first quarter of fiscal 2025 was $1.455 billion, compared with $1.511 billion for Q1 of fiscal 2024. The company said the revenue exceeded the midpoint of its guidance.

Source · Based on the filing body and exhibits

Q1 GAAP and Non-GAAP Earnings Per Share

The company said that on a continuing operations basis, GAAP net income for Q1 was $295.7 million ($1.89 per diluted share), and non-GAAP net income was $473.2 million ($3.03 per diluted share). For the year-ago period, GAAP net income was $437.5 million ($2.82), and non-GAAP net income was $525.5 million ($3.38).

Source · Based on the filing body and exhibits

Segment Revenue and Adjusted Operating Margin

The company reported Design Automation revenue of $1,020.2 million for Q1 (adjusted operating margin of 39.7%) and Design IP revenue of $435.1 million (29.1%). For the year-ago period, the figures were $985.3 million (36.5%) and $525.7 million (46.7%), respectively.

Source · Based on the filing body and exhibits

Full-Year Fiscal 2025 Guidance Reaffirmed

The company said it reaffirmed its full-year fiscal 2025 guidance. Full-year revenue guidance is $6,745 million to $6,805 million, and non-GAAP EPS guidance is $14.88 to $14.96. The guidance does not reflect the impact of any future financing transactions related to the Ansys Merger.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.