UPDATE: Synopsys (SNPS) Tops Q4 EPS by 1c; Offers FY21 EPS/Revenue Guidance Above Consensus, 1Q EPS Views Above Consensus, 1Q Revs Below Consensus

Go back to UPDATE: Synopsys (SNPS) Tops Q4 EPS by 1c; Offers FY21 EPS/Revenue Guidance Above Consensus, 1Q EPS Views Above Consensus, 1Q Revs Below Consensus

Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2020

December 2, 2020 4:05 PM EST

MOUNTAIN VIEW, Calif., Dec. 2, 2020 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its fourth quarter and full fiscal year 2020. Revenue for the fourth quarter was $1.025 billion, compared to $851.1 million for the fourth quarter of fiscal year 2019. Revenue for fiscal year 2020 was $3.685 billion, an increase of 9.6 percent from $3.361 billion in fiscal year 2019.

"Synopsys is entering fiscal 2021 with considerable financial, technology and customer momentum... More