In my previous "Sell" report in January 2024, I highlighted Synopsys, Inc.'s (NASDAQ: SNPS ) growth in Electronic Design Automation (EDA) and its hefty stock valuation. Since my initiation, the stock price has significantly underperformed relative to the S&P 500 Index (Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opin ...

Key TakeawaysSynopsys stock has fallen more than any other S&P 500 component Thursday after the company reported fiscal fourth-quarter results.The chip design software maker's fiscal 2025 outlook was below the analyst consensus compiled by Visible Alpha.The company's shares are now about flat for the year. Synopsys (SNPS) shares tumbled after the chip design software maker posted a disappointing forecast for its coming fiscal year late Wednesday.  The company called for full-year revenue of $6.75 billion t ...

Synopsys, Inc. (NASDAQ:SNPS) Q4 2024 Earnings Conference Call December 4, 2024 4:30 PM ET Company Participants Trey Campbell - Senior Vice President, Investor Relations Sassine Ghazi - President and Chief Executive Officer Shelagh Glaser - Chief Financial Officer Conference Call Participants Joe Vruwink - Baird Jason Celino - KeyBanc Capital Markets Harlan Sur - J.P. Morgan Vivek Arya - Bank of America Gary Mobley - Loop Capital Jay Vleeschhouwer - Griffin Securities Ruben Roy - Stifel Charles Shi - Needham ...

SYNOPSYS® Corporate Overview for Investors December 2024 Forward-Looking Statements This presentation contains forward-looking statements, including, but not limited to, statements regarding Synopsys, Inc.'s (Synopsys, we or our) statements regarding short-term and long-term financial targets, expectations and objectives including, among others, our long-term financial objectives, which include the anticipated effects of our pending acquisition of ANSYS, Inc. (the Ansys Merger); business and market outlook, ...

For the quarter ended October 2024, Synopsys (SNPS) reported revenue of $1.64 billion, up 2.3% over the same period last year. EPS came in at $3.40, compared to $3.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.63 billion, representing a surprise of +0.23%. The company delivered an EPS surprise of +3.34%, with the consensus EPS estimate being $3.29.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Synopsys (SNPS) came out with quarterly earnings of $3.40 per share, beating the Zacks Consensus Estimate of $3.29 per share. This compares to earnings of $3.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.34%. A quarter ago, it was expected that this maker of software used to test and develop chips would post earnings of $3.28 per share when it actually produced earnings of $3.43, delivering a surprise of 4.57%.Over the ...

EXHIBIT 99.1 PRESS RELEASE | --- | --- | |-------------------------------|--------------------------| | | | | Trey Campbell | | | Synopsys, Inc. 650-584-4289 | Synopsys-ir@synopsys.com | | EDITORIAL | CONTACT : | | Cara Walker | | | Synopsys, Inc. 650-584-5000 | | | corp-pr@synopsys.com | | Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2024 Results Summary1 • Record quarterly revenue of $1.636 billion, up approximately 11% year over year (YoY), exceeding the mid-point of guidance. • Qu ...

Results Summary1  Record quarterly revenue of $1.636 billion, up approximately 11% year over year (YoY), exceeding the mid-point of guidance. Quarterly GAAP earnings per diluted share (EPS) of $1.79; non-GAAP EPS of $3.40, up approximately 13% YoY, exceeding guidance. Achieved record full-year 2024 revenue of $6.127 billion, up approximately 15% YoY, while improving non-GAAP operating margin and delivering approximately 25% non-GAAP EPS growth. Expecting to deliver double digit revenue growth in 2025 while ...

Synopsys (SNPS) is scheduled to report fourth-quarter fiscal 2024 results on Dec. 4, after market close.Synopsys expects non-GAAP earnings per share between $3.27 and $3.32. The Zacks Consensus Estimate for fiscal fourth-quarter earnings is pinned at $3.29 per share, which indicates a year-over-year increase of 3.8%.The company anticipates revenues between $1.614 billion and $1.644 billion for the fiscal fourth quarter. The Zacks Consensus Estimate is pegged at $1.63 billion, which suggests growth of 2.1% f ...

Wall Street analysts forecast that Synopsys (SNPS) will report quarterly earnings of $3.29 per share in its upcoming release, pointing to a year-over-year increase of 3.8%. It is anticipated that revenues will amount to $1.63 billion, exhibiting an increase of 2.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timefram ...