09:00 PM EDT, 04/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

ANSS reported Q1 2025 revenue of $504.9M (+8.2% Y/Y), missing consensus by $11.9M, while non-GAAP EPS of $1.64 missed the Street's forecast by $0.03. Software License revenue of $159.9M declined marginally (-0.2% Y/Y) due to weaker Perpetual License sales ($63M; -3.8%Y/Y), while Subscriptions grew 2.2% Y/Y. Maintenance and Service revenues of $345M rose 12.6% Y/Y, and drove overall growth. ACV, however, decelerated in the Mar-Q, up 0.2% to $410M. The company demonstrated improved profitability with non-GAAP operating income growing 12.6% Y/Y, representing non-GAAP operating margin of 33.5%, expanding 130 bps from Q1 2024. ANSS has made progress on its pending merger, receiving clearances from the U.K. CMA (Phase 1, if required divestitures are completed), Turkey, Japan, Korea, and Taiwan, with China's review still pending. The transaction remains on track to close in H1 2025.