Ansys (ANSS) reported strong third-quarter earnings, with a profit of $2.58 per share, significantly surpassing the consensus estimate of $1.88, and revenues reaching $601.89 million, exceeding expectations by 13.34%. The results reflect a 31.2% increase in sales year-over-year, driven by rising demand for AI-powered engineering software. Following the earnings announcement, Ansys shares rose nearly 2% in after-hours trading. The company is set to be acquired by Synopsys in a $35 billion deal expected to close in the first half of 2025, which could enhance growth prospects. Despite strong quarterly results, concerns linger over Ansys's long-term growth trajectory, with projections indicating a slowdown in revenue growth. Overall, the performance underscores the increasing significance of AI in engineering and product development.