Synopsys (SNPS) Reports In-Line Q4 EPS; Issues Solid Outlook

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Go back to Synopsys (SNPS) Reports In-Line Q4 EPS; Issues Solid Outlook

Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2018

December 5, 2018 4:05 PM EST

MOUNTAIN VIEW, Calif., Dec. 5, 2018 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its fourth quarter and fiscal year 2018. Revenue for the fourth quarter was $795.1 million, compared to $696.6 million for the fourth quarter of fiscal 2017. Revenue for fiscal year 2018 was $3.121 billion, an increase of 14.5 percent from $2.725 billion in fiscal year 2017.  

"Fiscal 2018 was another excellent year for Synopsys. We delivered double-digit revenue and earnings growth, with strength across all product groups and all geographies," said Aart de Geus, chairman and... More