Synopsys (SNPS) Tops Q3 EPS by 4c; Guides Q4 EPS Below Expectations

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Synopsys Posts Financial Results for Third Quarter Fiscal Year 2015

August 19, 2015 4:05 PM EDT

MOUNTAIN VIEW, Calif., Aug. 19, 2015 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its third quarter of fiscal year 2015.

For the third quarter of fiscal year 2015, Synopsys reported revenue of $555.8 million, compared to $521.8 million for the third quarter of fiscal 2014, an increase of 6.5 percent.  

"Synopsys delivered strong third quarter results, and expects to exit the year with approximately 10% non-GAAP earnings per share growth," said Aart de Geus, chairman and co-CEO of Synopsys.  "Our new products are driving excellent customer design success and adoption momentum. In addition, we closed several... More