Synopsys (SNPS) Reports In-Line Q4 EPS
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Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2016
November 30, 2016 4:05 PM ESTMOUNTAIN VIEW, Calif., Nov. 30, 2016 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its fourth quarter and fiscal year 2016.
For the fourth quarter of fiscal 2016, Synopsys reported revenue of $633.7 million, compared to $587.2 million for the fourth quarter of fiscal 2015. Revenue for fiscal year 2016 was $2.42 billion, an increase of 8.0 percent from $2.24 billion in fiscal year 2015. Â
"Synopsys reported a strong fourth quarter finish to an outstanding fiscal year 2016, in the context of a challenging semiconductor landscape. We enter 2017 with a solid technical and economic foundation," said Aart... More
