Ansoft (NASDAQ:ANST)
Historical Stock Chart
From Jul 2019 to Jul 2024
![Click Here for more Ansoft Charts. Click Here for more Ansoft Charts.](/p.php?pid=staticchart&s=N%5EANST&p=8&t=15)
Ansoft Corporation (NASDAQ:ANST), a leading developer of
high-performance electronic design automation (EDA) software, today
announced that Forbes magazine has ranked the company 82nd on its annual
list of the 200 Best Small Companies.
“Our list of the 200 Best Small Companies
ferrets out the most robust, fundamentally disciplined public outfits
with sales between $5 million and $750 million,”
wrote Jack Gage in Forbes. “These winners have
come through a tough year, contending with suddenly high-energy costs
and a string—only recently broken—of
17 interest rate hikes by the U.S. Federal Reserve. Not surprisingly,
most of these 200 scrappy players carry low debt burdens. Twenty-one
companies grew too large for our list this year; roughly 30% of last
year's members were not invited back, typically because of declining
earnings in recent quarters.”
Inclusion on the Forbes annual list requires companies to meet a series
of financial benchmarks, including annual sales criteria and profit
margins of greater than 5 percent with positive sales and profit growth,
on average, over both the last five years and last twelve months.
"We are pleased to be included on the list of the top financial
performers for small companies as defined by Forbes," said Nicholas
Csendes, Ansoft's president and CEO. "Our inclusion on the list
recognizes Ansoft’s record of continuous
profitable growth and is testament to our focus on executing our
business model. We are excited about the growth prospects for our
innovative simulation software that is used by engineers to design
high-performance electronic products and we anticipate continued revenue
growth and expanding profit margins."
To learn more about the 200 Best Small Companies, visit www.forbes.com/lists/2006/23/biz_06200best_The-200-Best-Small-
Companies_land.html (Due to its length,
this URL may need to be copied/pasted into your Internet browser's
address field. Remove the extra space if one exists.) or see the print
edition of Forbes dated Oct. 30, 2006.
About Forbes
Forbes is a privately held publishing and news media company. Its
flagship publication is Forbes, the oldest of the nation's major
business magazines, which will celebrate its 90th Anniversary in 2007.
In an industry increasingly dominated by public conglomerates, Forbes
remains one of the largest and most successful family businesses of its
kind. In recent years the company has expanded to include Forbes.com,
Forbes Conference Group, Forbes Custom Media, and American Heritage. In
August 2006 Elevation Partners, a private equity firm, became a minority
shareholder in a newly formed company, Forbes Media LLC. For more
information, visit www.forbesinc.com.
About Ansoft
Ansoft is a leading developer of high-performance electronic design
automation (EDA) software. Engineers use Ansoft software to design
state-of-the-art electronic products, such as cellular phones,
Internet-access devices, broadband networking components and systems,
integrated circuits (ICs), printed circuit boards (PCBs), automotive
electronic systems and power electronics. Ansoft markets its products
worldwide through its own direct sales force and has comprehensive
customer-support and training offices throughout North America, Asia and
Europe.
For more information, please visit www.ansoft.com.
Ansoft Corporation (NASDAQ:ANST), a leading developer of
high-performance electronic design automation (EDA) software, today
announced that Forbes magazine has ranked the company 82nd on its
annual list of the 200 Best Small Companies.
"Our list of the 200 Best Small Companies ferrets out the most
robust, fundamentally disciplined public outfits with sales between $5
million and $750 million," wrote Jack Gage in Forbes. "These winners
have come through a tough year, contending with suddenly high-energy
costs and a string--only recently broken--of 17 interest rate hikes by
the U.S. Federal Reserve. Not surprisingly, most of these 200 scrappy
players carry low debt burdens. Twenty-one companies grew too large
for our list this year; roughly 30% of last year's members were not
invited back, typically because of declining earnings in recent
quarters."
Inclusion on the Forbes annual list requires companies to meet a
series of financial benchmarks, including annual sales criteria and
profit margins of greater than 5 percent with positive sales and
profit growth, on average, over both the last five years and last
twelve months.
"We are pleased to be included on the list of the top financial
performers for small companies as defined by Forbes," said Nicholas
Csendes, Ansoft's president and CEO. "Our inclusion on the list
recognizes Ansoft's record of continuous profitable growth and is
testament to our focus on executing our business model. We are excited
about the growth prospects for our innovative simulation software that
is used by engineers to design high-performance electronic products
and we anticipate continued revenue growth and expanding profit
margins."
To learn more about the 200 Best Small Companies, visit
www.forbes.com/lists/2006/23/biz_06200best_The-200-Best-Small-
Companies_land.html (Due to its length, this URL may need to be
copied/pasted into your Internet browser's address field. Remove the
extra space if one exists.) or see the print edition of Forbes dated
Oct. 30, 2006.
About Forbes
Forbes is a privately held publishing and news media company. Its
flagship publication is Forbes, the oldest of the nation's major
business magazines, which will celebrate its 90th Anniversary in 2007.
In an industry increasingly dominated by public conglomerates, Forbes
remains one of the largest and most successful family businesses of
its kind. In recent years the company has expanded to include
Forbes.com, Forbes Conference Group, Forbes Custom Media, and American
Heritage. In August 2006 Elevation Partners, a private equity firm,
became a minority shareholder in a newly formed company, Forbes Media
LLC. For more information, visit www.forbesinc.com.
About Ansoft
Ansoft is a leading developer of high-performance electronic
design automation (EDA) software. Engineers use Ansoft software to
design state-of-the-art electronic products, such as cellular phones,
Internet-access devices, broadband networking components and systems,
integrated circuits (ICs), printed circuit boards (PCBs), automotive
electronic systems and power electronics. Ansoft markets its products
worldwide through its own direct sales force and has comprehensive
customer-support and training offices throughout North America, Asia
and Europe.
For more information, please visit www.ansoft.com.