Core Viewpoint - Synopsys, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding the performance of its IP business, particularly in relation to its focus on artificial intelligence customers and the resulting negative impact on financial results [2][3]. Financial Performance - For the third quarter of 2025, Synopsys reported revenue of $1.740 billion, which was below the prior guidance of $1.755 billion to $1.785 billion [4]. - The net income for the same period was $242.5 million, representing a 43% decline year-over-year from $425.9 million in the third quarter of 2024 [4]. - The Design IP segment accounted for approximately 25% of total revenue, amounting to $426.6 million, which is a 7.7% decline year-over-year [4]. - Management's guidance indicated that Design IP revenues are expected to decline by at least 5% for the full fiscal year 2025 [4]. Stock Market Reaction - Following the release of disappointing financial results, Synopsys's stock price fell by $216.59, or 35.8%, closing at $387.78 per share on September 10, 2025 [4].
Synopsys, Inc. Class Action Lawsuit – Robbins LLP Reminds Investors They Can Lead the Class Action Against SNPS