Synopsys (SNPS) Tops Q3 EPS by 40c, Q4 EPS Guidance Comes in Light

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Synopsys Posts Financial Results for Third Quarter Fiscal Year 2020

August 19, 2020 4:03 PM EDT

MOUNTAIN VIEW, Calif., Aug. 19, 2020 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its third quarter fiscal year 2020. Revenue for the third quarter was $964.1 million, compared to $853.0 million for the third quarter of fiscal 2019.

"Synopsys again executed very well in the third quarter, delivering record revenue, non-GAAP earnings per share and operating cash flow. We saw double-digit revenue growth across all product... More