Synopsys (SNPS) Tops Q1 EPS by 6c

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Synopsys Posts Financial Results for First Quarter Fiscal Year 2016

February 17, 2016 4:05 PM EST

MOUNTAIN VIEW, Calif., Feb. 17, 2016 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its first quarter of fiscal year 2016.

For the first quarter of fiscal year 2016, Synopsys reported revenue of $568.6 million, compared to $542.0 million for the first quarter of fiscal 2015, an increase of approximately 5 percent.  

"The fiscal first quarter was a very good start to the year, and we are well on-track to meeting our annual financial targets," said Aart de Geus, chairman and co-CEO of Synopsys. "Our business is strong, even in the context of the... More