Synopsys (SNPS) Tops Q4 EPS by 2c, Revenues Beat

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Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2019

December 4, 2019 4:05 PM EST

MOUNTAIN VIEW, Calif., Dec. 4, 2019 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its fourth quarter and fiscal year 2019. Revenue for the fourth quarter was $851.1 million, compared to $795.1 million for the fourth quarter of fiscal 2018. Revenue for fiscal year 2019 was $3.361 billion, an increase of 7.7 percent from $3.121 billion in fiscal year 2018.  

"Fiscal 2019 was another outstanding year for Synopsys. Even as we navigated several external challenges, we significantly exceeded... More