Gopal further stated, 'During Q2, we announced the release of ANSYS ® 19.1, which builds upon our industry-leading product portfolio, helping customers accelerate innovation and design products more efficiently. We are making progress in extending our reach and broadening our footprint throughout the entire product lifecycle.' The momentum in our business clearly continued into Q2 and we are excited about the results we are yielding from our focused execution. For the second quarter, the Company reported growth in diluted earnings per share of 20% and 25% on a GAAP and non-GAAP basis, respectively.Ījei Gopal, ANSYS President and CEO, commented, “We delivered another strong quarter with double-digit revenue growth. Recurring revenue, which comprises lease license and annual maintenance revenue, totaled 76% of revenue for the second quarter on both a GAAP and non-GAAP basis. (NASDAQ: ANSS), today reported second quarter 2018 GAAP and non-GAAP revenue growth of 11% and 13%, respectively, or 9% and 10%, respectively, in constant currency. For comparability purposes and unless otherwise specified, the amounts included in the commentary below refer to results under ASC 605 as if previous revenue recognition guidance was in effect. Note: We adopted ASC 606 on January 1, 2018, which impacted our financial results, including the categorization and geographic allocation of revenue. Operating cash flows of $111.1 million and $243.5 million for Q2 2018 and YTD 2018, respectively.ACV growth of 8% and 10% in constant currency for Q2 2018 and YTD 2018, respectively.The second quarter GAAP and non-GAAP revenue, GAAP and non-GAAP diluted earnings per share, and deferred revenue and backlog all represent new second quarter records under ASC 605. Deferred revenue and backlog of $816.1 million at June 30, 2018, an increase of 24% over Q2 2017.GAAP operating profit margin of 32.9% and non-GAAP operating profit margin of 45.5%.

GAAP diluted earnings per share of $0.96 and non-GAAP diluted earnings per share of $1.24.GAAP revenue of $294.0 million and non-GAAP revenue of $298.9 million.Deferred revenue and backlog of $586.9 million at June 30, 2018ĪSC 605 - Second Quarter 2018 (as if previous revenue recognition guidance was in effect).GAAP operating profit margin of 35.5% and non-GAAP operating profit margin of 47.3%.GAAP diluted earnings per share of $1.08 and non-GAAP diluted earnings per share of $1.35.GAAP revenue of $305.9 million and non-GAAP revenue of $308.9 million.RAISES FY 2018 REVENUE GUIDANCE IN CONSTANT CURRENCY

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