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Ansys Inc. (NASDAQ:ANSS), a $31 billion market cap technology company with impressive 92.5% gross profit margins and strong financial health according to InvestingPro, reported the results of its 2025 annual meeting of stockholders held Friday, according to a statement released through a Securities and Exchange Commission filing.
Shareholders elected all seven director nominees to serve one-year terms expiring in 2026. The elected directors are Claire Bramley, Anil Chakravarthy, Jim Frankola, Alec Gallimore, Ronald Hovsepian, Barbara Scherer, and Ravi Vijayaraghavan. Each nominee received a majority of votes cast in favor, with individual voting results ranging from about 63.2 million to 72.9 million votes for, and between 634,531 and 10.1 million votes against. The company’s stock has shown strong momentum, trading near its 52-week high of $363.03, with a 9.4% return over the past year.
Shareholders also ratified the selection of Deloitte & Touche LLP as Ansys’s independent registered public accounting firm for fiscal year 2025. The ratification received approximately 74.2 million votes for, 4.9 million votes against, and 29,756 abstentions.
In an advisory vote, shareholders approved the compensation of Ansys’s named executive officers, with 63.2 million votes for, 10.3 million against, and 43,339 abstentions.
A stockholder proposal requesting support for a shareholder right to act by written consent did not pass. The proposal received 30.2 million votes for, 43.1 million against, and 298,994 abstentions.
These results reflect the final tabulations as reported by Ansys in its SEC filing. Ansys’s common stock is listed on the Nasdaq Stock Market LLC under the ticker ANSS.
In other recent news, ANSYS reported its first-quarter 2025 financial results, which fell short of analyst expectations. The company posted revenue of $504.9 million, which was an 8.2% increase year-over-year but below the consensus estimate of $528.28 million. Adjusted earnings per share came in at $1.64, missing the projected $1.76. ANSYS’s annual contract value showed minimal growth of 0.7% compared to the first quarter of 2024, although it increased by 2.3% on a constant currency basis. The company ended the quarter with $1.83 billion in cash and short-term investments, generating an operating cash flow of $398.9 million, a 41.1% increase from the previous year.
Meanwhile, Synopsys (NASDAQ:SNPS) and ANSYS are in advanced discussions with Chinese regulators regarding their proposed $35 billion merger. The merger has received regulatory clearance in all jurisdictions except China, where approval has been postponed. The delay follows tightened chip export controls against China by the Trump administration. Both companies remain engaged with China’s State Administration for Market Regulation to secure the necessary approval. The merger is expected to be completed in the first half of 2025, pending regulatory approvals.
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