Core Viewpoint - Synopsys reported disappointing earnings and revenue, leading to a significant drop in stock price due to weak chip design business performance [1][3] Financial Performance - The company reported a non-GAAP earnings per share of $3.39, below Wall Street's expectation of $3.80 [3] - Revenue for the quarter was $1.74 billion, a 14% year-over-year increase, but still short of the anticipated $1.77 billion [3] - Net profit fell to $242.5 million from $408 million in the same quarter last year [3] Business Segments - The Design IP segment's revenue declined from $463.1 million to $427.6 million year-over-year, missing expectations [4] - The design automation segment performed well, with quarterly revenue of $1.31 billion, up from $1.06 billion year-over-year, slightly exceeding market expectations [5] Strategic Decisions - The CEO indicated a shift in focus away from developing proprietary IP due to underperformance, with plans to reduce the workforce by approximately 10% [4] - The company lowered its full-year earnings guidance from a range of $15.11–$15.19 per share to $12.76–$12.80 per share, significantly below market expectations [4] Acquisitions and Future Outlook - Synopsys completed the acquisition of Ansys for $35 billion, which is expected to expand its product offerings and market opportunities [5] - Despite the recent challenges, the long-term outlook remains positive, with projected revenue for the upcoming quarter expected to be between $2.23 billion and $2.26 billion, above market expectations [5] Stock Performance - Following the earnings report, Synopsys' stock fell over 21% in pre-market trading, although it has seen a year-to-date increase of over 24% [7]
盘前暴跌超21%!EDA巨头新思科技业绩低于预期!
美股IPO·2025-09-10 11:06