Summit Research Raises Price Target on Synopsys (SNPS) to $54 Following 3Q15 Results
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Go back to Summit Research Raises Price Target on Synopsys (SNPS) to $54 Following 3Q15 Results
August 20, 2015 9:05 AM EDT
MOUNTAIN VIEW, Calif., Aug. 20, 2015 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that FPT Software, a large global technology, outsourcing and IT services company headquartered in Vietnam, has adopted Coverity® Enterprise Code Advisor, Synopsys' industry-leading static code analysis solution, to help ensure their client deliverables meet the highest quality and security standards.
FPT Software provides full lifecycle services including software design, development, migration and modernization, following best-in-class... More
August 19, 2015 4:05 PM EDT
MOUNTAIN VIEW, Calif., Aug. 19, 2015 /PRNewswire/ --Â 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. Â
"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
