$SNPS (Synopsys Inc.)

$SNPS {{ '2016-02-24T06:47:23+0000' | timeago}} • Announcement

$SNPS said it has allied with India-based Mindtree to deliver a Bluetooth Smart IP solution consisting of $SNPS' DesignWare Bluetooth Smart PHY IP on 55-nm and 180-nm processes and Mindtree's BlueLitE link layer and software stack IP. Bluetooth Smart IP solution addresses needs for wireless connectivity in ultra-low-power SoCs for IoT applications.

$SNPS {{ '2017-09-19T12:48:54+0000' | timeago}} • Announcement

$SNPS closed the acquisition of QuantumWise, a provider of simulation tools for materials modeling in early manufacturing process development. With this acquisition, $SNPS will enhance its support of semiconductor manufacturers evaluating a variety of new materials to extend Moore's law and develop novel memories. Deal terms were not disclosed.

$SNPS {{ '2017-09-11T11:08:22+0000' | timeago}} • Announcement

$SNPS said that as a result of the repatriation and anticipated one-time tax expense, it is updating its 4Q17 GAAP EPS targets. The company now expects 4Q17 GAAP loss per share of  $0.91-0.71, while FY17 GAAP EPS is expected in the range of $0.75-0.95.

$SNPS {{ '2017-09-11T11:03:35+0000' | timeago}} • Announcement

$SNPS BoD approved a plan to repatriate about $775-850MM of cash currently held offshore during 4Q17. The company expects to realize the benefit of its existing R&D tax credits to reduce the tax payment on the repatriation. Synopsys also expects to record a one-time tax expense, excluded from non-GAAP results of approx. $160-180MM in 4Q17.

$SNPS {{ '2017-08-16T21:09:52+0000' | timeago}} • Infographic

$SNPS Synopsys, Inc. Earnings AlphaGraphics: Q3 2017 highlights

$SNPS {{ '2017-08-16T20:35:14+0000' | timeago}} • Announcement

In FY17, $SNPS expects to generate GAAP earnings of $1.92-1.99 per share and non-GAAP earnings of $3.29-3.32 per share on a revenue of $2.67-2.69Bil.

$SNPS {{ '2017-08-16T20:33:45+0000' | timeago}} • Announcement

For 4Q17, $SNPS expects GAAP earnings of $0.26-0.33 per share and non-GAAP earnings of $0.55-0.58 per share on a revenue of $642-657MM.

$SNPS {{ '2017-08-16T20:31:05+0000' | timeago}} • Announcement

$SNPS reported a revenue hike of 13% to $695.4MM, with net income soaring more than 80% to $116.8MM or $0.75 per share in 3Q17. On a non-GAAP basis, net income was $141.6MM or $0.92 per share.

$SNPS {{ '2017-07-26T17:06:48+0000' | timeago}} • Announcement

$SNPS announced that semiconductor company MediaTek has adopted its HAPS-80 prototyping system, part of the Verification Continuum Platform, for their broad portfolio of next generation system-on-chips (SoCs). HAPS-80 will enable MediaTek to accelerate their software development and system validation tasks.

$RMBS {{ '2017-06-05T14:56:07+0000' | timeago}} • Announcement

Tech firm $RMBS has entered into a partnership with $SNPS to accelerate the adoption of advanced security platforms and technologies to protect valuable assets during key and device provisioning. Rambus will provide its CryptoManager infrastructure and key provisioning services to support Synopsys' "DesignWare tRoot HSMs with Root of Trust".

$SNPS {{ '2017-05-17T22:34:21+0000' | timeago}} • Webcast

In the software security business, $SNPS said it expects growth rate in the range of 20% going forward. Additionally, the company added that on the classic software integrity business, the company is on track to do break-even in 2H17.

$SNPS {{ '2017-05-17T21:37:04+0000' | timeago}} • Webcast

$SNPS expects total GAAP cost and expenses for 3Q17 to be in the range of $574-593MM. For the remainder of 2017, the company expects 4Q17 to be the lowest revenue and EPS quarter due to the timing of hardware shipments and seasonally higher operating expenses.

$SNPS {{ '2017-05-17T20:30:55+0000' | timeago}} • Announcement

For FY17, $SNPS expects revenue in the range of $2.65-2.67Bil and GAAP earnings per share of $1.84-1.97. Excluding one-off items, net earnings is expected to be between $3.24 and $3.29.

$SNPS {{ '2017-05-17T20:27:37+0000' | timeago}} • Announcement

For 3Q17, $SNPS sees revenue in the range of $685-700MM and GAAP EPS of $0.69-0.78. Excluding special items, $SNPS hopes to earn $0.91-0.94 during the quarter.

$SNPS {{ '2017-05-17T20:23:51+0000' | timeago}} • Announcement

Software company $SNPS reported 12% growth in revenue to $680.1MM in 2Q17, helped by hardware shipments. Net income was $53.3MM, or $0.34 per share, compared to $69.4MM, or $0.45 per share in 2Q16. On a non-GAAP basis, net income was $0.88 per share.

$SNPS {{ '2017-02-23T21:17:59+0000' | timeago}} • Announcement

$SNPS has entered into an accelerated share repurchase agreement with Wells Fargo Bank NA, to repurchase an aggregate of $100MM of $SNPS stock. Under the terms of the ASR, $SNPS will receive an aggregate initial share delivery of approx. 1.12MM shares, with the remainder to be settled on or before May 17, 2017, upon completion of the repurchase.

$SNPS {{ '2017-02-16T00:04:19+0000' | timeago}} • Announcement

For 2Q17, $SNPS expects revenue to be $665-680MM, GAAP EPS to be $0.51-0.59 and non-GAAP EPS to be $0.85-0.88.

$SNPS {{ '2017-02-16T00:03:11+0000' | timeago}} • Announcement

$SNPS lifted its FY17 outlook. "Our first quarter results and confidence in the year lead us to increase annual revenue, earnings per share and operating cash flow targets," said co-CEO Aart de Geus. The company expects revenue to be $2.58-2.61Bil, GAAP EPS to be $2.01-2.12 and non-GAAP EPS to be $3.21-3.26 in FY17.

$SNPS {{ '2017-02-15T23:58:30+0000' | timeago}} • Announcement

$SNPS, a provider of semiconductor electronic design automation software, reported higher profit in 1Q17, helped by higher revenues. Net income was $86.6MM or $0.56 per share compared to $60.04MM or $0.39 per share a year earlier. Revenue rose 15% YoY to $652.8MM. Non-GAAP EPS was $0.94 compared to $0.68 in 1Q16.

$SNPS {{ '2017-01-31T12:59:47+0000' | timeago}} • Announcement

$SNPS announced that Brian Beattie, EVP of business operations and chief administrative officer, will retire effective December 22, 2017.

$SNPS {{ '2017-01-10T21:15:44+0000' | timeago}} • Announcement

$SNPS announced completion of the acquisition of certain assets of Forcheck b.v., a privately held software company based in the Netherlands. This acquisition provides the company with additional static analysis technology to extend the capabilities of its Software Integrity Platform and create new business opportunities.

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