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Ansys Management Discusses Q2 2012 Results - Earnings Call Transcript

And before we wrap up, I'd like to provide some qualitative context around the guidance. First and foremost, first and foremost, the fundamentals of our business and the customer interest and market demand remain intact. And although we are maintaining our original revenue range, we've not just slapped an even probability across that range for a number of obvious reasons. First of all, the variance that we're experiencing over this protracted period carry through for the first couple of quarters of results, and it's demonstrated the current unevenness in the macro environment. So as compared to our revenue outlook, while we're on our guidance range, we wound up in the lower half of guidance in the first quarter, in the upper half for Q2. So there's a lot of variance in that.

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