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 ...

BOSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Today, Sustainability Roundtable, Inc.'s (SR Inc) Net Zero Consortium for Buyers (NZCB) announces Synopsys, Inc. has purchased 90 MW of solar energy from the Millers Branch Solar Facility in Haskell County, Texas. The purchase was facilitated by NZCB, whose prior aggregated procurement negotiations with the Millers Branch project made for a highly efficient contracting process that took less than three months to complete. The agreement with Southern Power Company is ...

Synopsys Inc. (SNPS) has long been a respected name in the electronic design automation (EDA) sector, providing essential tools and services to semiconductor design and manufacturing companies. However, with a forward 12-month price-to-earnings (P/E) ratio of 36.76 — significantly above the Zacks Computer - Software industry average of 33.22 — concerns are rising about whether Synopsys' premium valuation is justified in the current market.Image Source: Zacks Investment ResearchSynopsys’ Underwhelming Year-t ...

The Platform Helps Meet PPA Goals and Accelerate Time-to-MarketSEOUL, South Korea, Nov. 11, 2024 /PRNewswire/ -- SEMIFIVE, a leading design solution provider and pioneer of platform-based custom silicon solutions, today announced their collaboration with Synopsys to develop a cutting-edge high-performance computing (HPC) platform integrating SEMIFIVE's CPU chiplet with a third-party I/O chiplet into a unified package. SEMIFIVE's HPC chiplet platform will offer notable advantages over traditional chiplet pla ...

The most recent trading session ended with Synopsys (SNPS) standing at $518.40, reflecting a +0.93% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.41%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 0.8%.Shares of the maker of software used to test and develop chips have appreciated by 3.67% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.01% ...

SUNNYVALE, Calif., Oct. 29, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the fourth quarter and fiscal year 2024 on Wednesday, December 4, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook. Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.) Financial and other statistical information to be discussed on this confe ...