Synopsys (SNPS) Announces Sassine Ghazi as COO

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Synopsys Appoints Sassine Ghazi as Chief Operating Officer

August 19, 2020 4:15 PM EDT

MOUNTAIN VIEW, Calif., Aug. 19, 2020 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that Sassine Ghazi has been appointed as Chief Operating Officer. Ghazi, who joined Synopsys in 1998, brings multiple decades of experience in chip design, applications engineering, customer support, sales, and business management. Most recently, he was general manager of Synopsys' Design Group, where he accelerated development of market-changing new products and put into place a... More

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