Synopsys(US:SNPS) Globenewswire·2025-11-10 20:17Core Viewpoint - A securities fraud class action has been filed against Synopsys, Inc. following disappointing Q3 2025 financial results, which were attributed to underperformance in its IP business [1][4]. Summary by Sections Class Action Details - The class action, Kim v. Synopsys, Inc., seeks to represent investors who acquired Synopsys securities between December 4, 2024, and September 9, 2025 [1][3]. - The lead plaintiff deadline for the class action is December 30, 2025 [3]. Financial Performance - Synopsys reported Q3 2025 earnings per share (EPS) of $1.50, a decline of 45% year-over-year and 33% sequentially [5]. - The company experienced a nearly 8% decline in Design IP revenues compared to the prior year quarter [5]. Shareholder Reaction - Following the announcement of the disappointing results, Synopsys shares plummeted by $216.59, representing a 36% drop, marking the worst single-day percentage decline since the company went public in 1992 [2][5]. Investigation Focus - The investigation by Hagens Berman is centered on whether Synopsys misled investors regarding risks to sustained revenue growth in its Design IP business [6]. - The lawsuit alleges that Synopsys made false statements and failed to disclose critical information about its business and prospects, particularly regarding its focus on AI customers [5][6]. Company Overview - Synopsys, Inc. provides silicon design, IP, simulation, and analysis solutions, operating in two reportable segments: Design IP and Design Automation [3].