Ansys ceo Jim Cashman explains why his company's revenues are up, when everyone else's are down:
Anecdotally, customers are still telling us that even in the tougher economic times there's a heightened need on their part for product innovation. So while this is far from bulletproof, they generally feel that they can not achieve this mission with lower end or less-capable solutions.
Discounting in these recessionary times? Nope:
The ASP's [average selling price] of all our mainline products stayed basically the same. In fact, I think they were even slightly up from last Q4.
Grouchy shareholders didn't like the good news, sending the ANSS share price down by $2.46 (10%).
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