SNPS Stock Recent News
SNPS LATEST HEADLINES
Synopsys suffers from valuation pressures and macroeconomic uncertainties. However, its strong fundamentals make the stock worth retaining.
Sassine Ghazi, Synopsys CEO, joins 'Closing Bell Overtime' to talk quarterly results, China tariffs impact, AI demand, and more.
SNPS' Q1 results reflect strength in EDA and other segments, offset by a decline in the Design IP revenues.
Synopsys, Inc. (NASDAQ:SNPS ) Q1 2025 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Trey Campbell - SVP, IR Sassine Ghazi - CEO, President & Director Shelagh Glaser - CFO Aart de Geus - Co-Founder & Executive Chairman Conference Call Participants Sitikantha Panigrahi - Mizuho Lee Simpson - Morgan Stanley Joe Quatrochi - Wells Fargo Charles Shi - Needham & Company Joe Vruwink - Baird Jason Celino - KeyBanc Capital Markets Jay Vleeschhouwer - Griffin Securities Nay Soe Naing - Berenberg Joshua Tilton - Wolfe Research Operator Ladies and gentlemen, welcome to the Synopsys Earnings Conference Call for the First Quarter Fiscal Year 2025. [Operator Instructions].
Synopsys (SNPS 2.73%), a leader in electronic design automation and silicon IP, announced its earnings for Q1 of 2025 on Feb. 26. The company reported non-GAAP earnings per share (EPS) of $3.03, exceeding both the analyst estimate of $2.79 and management's guidance range of $2.77 to $2.82.
The headline numbers for Synopsys (SNPS) give insight into how the company performed in the quarter ended January 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Synopsys (SNPS) came out with quarterly earnings of $3.03 per share, beating the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $3.56 per share a year ago.
Synopsys forecast second-quarter revenue above Wall Street estimates on Wednesday, boosted by growing demand for its software used in designing chips.
Results Summary Quarterly revenue of $1.455 billion, exceeding midpoint of guidance. Quarterly GAAP earnings per diluted share of $1.89; non-GAAP earnings per diluted share of $3.03, exceeding guidance.
Synopsys, Inc. SNPS will release its financial results for the first quarter fiscal year 2025, after the closing bell, on Wednesday, Feb. 26, 2025.