Synopsys (SNPS) Delivers Despite Tough Environment – Needham & Company

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Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2015

December 2, 2015 4:05 PM EST

MOUNTAIN VIEW, Calif., Dec. 2, 2015 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its fourth quarter and fiscal year 2015.

For the fourth quarter of fiscal 2015, Synopsys reported revenue of $587.2 million, compared to $539.0 million for the fourth quarter of fiscal 2014. Revenue for fiscal year 2015 was $2.242 billion, an increase of 9.0 percent from $2.057 billion in fiscal 2014.  

"Synopsys reported an excellent fourth quarter and fiscal 2015 against a somewhat challenging semiconductor industry backdrop, providing a solid foundation as we enter 2016," said Aart de Geus, chairman and co-CEO of Synopsys. "Our game-changing design and... More