The simulation and analysis software vendor makes Fortune’s list for the second straight year.
Ansys (NASDAQ: ANSS) has been ranked number 39 on the 2010 FORTUNE 100 Fastest-Growing Companies list. It is the only product development software vendor on the list.
This is the second consecutive year that Ansys has been included in the elite FORTUNE grouping.
To qualify for 100 Fastest-Growing Companies, foreign or domestic organizations had to meet the following criteria: be trading on a major U.S. stock exchange; file quarterly reports with the SEC; have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2010; and have been trading continuously since June 30, 2007. The company must also have revenue and net income of at least $50 million and $10 million, respectively, for the four quarters ended on or before April 30, 2010. Finally, the company must have posted an annualized growth in revenue and earnings per share of at least 15% annually over the three years ended on or before April 30, 2010. Companies that met these criteria were ranked by revenue growth rate; EPS growth rate; and three-year annualized total return for the period ended June 30, 2010.
The full list and related stories appear in the September 6, 2010 issue of FORTUNE, which is available now at http://money.cnn.com/magazines/fortune/fortunefastestgrowing/2010/index.html.
