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Synopsys Inc (SNPS.OQ)

SNPS.OQ on NASDAQ Stock Exchange Global Select Market

87.86USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Synopsys Initiates $200 Mln Accelerated Share Repurchase Agreement
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Synopsys Inc ::SYNOPSYS INITIATES $200 MILLION ACCELERATED SHARE REPURCHASE AGREEMENT.SYNOPSYS SAYS WILL RECEIVE INITIAL SHARE DELIVERY OF ABOUT 1.8 MILLION SHARES, WITH REMAINDER, IF ANY, TO BE SETTLED ON OR BEFORE MAY 16, 2018.  Full Article

Synopsys Q4 Non-Gaap Earnings Per Share $0.69
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Synopsys Inc ::Q4 NON-GAAP EARNINGS PER SHARE $0.69 .SYNOPSYS POSTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2017.Q4 GAAP LOSS PER SHARE $0.80.Q4 REVENUE $696.6 MILLION VERSUS I/B/E/S VIEW $650.7 MILLION.Q4 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.SEES Q1 2018 GAAP EARNINGS PER SHARE $0.62 TO $0.70.SEES Q1 2018 REVENUE $740 MILLION TO $765 MILLION.SEES ‍FISCAL YEAR 2018 GAAP EARNINGS PER SHARE: $2.24 - $2.38, OR $2.68 - $2.80 EXCLUDING BLACK DUCK​.SEES ‍ FULL FISCAL YEAR 2018 NON-GAAP EARNINGS PER SHARE $3.46 - $3.53, OR $3.58 - $3.65 EXCLUDING BLACK DUCK​.SEES ‍FULL FISCAL YEAR 2018 REVENUE $2.88 BILLION - $2.91 BILLION, OR $2.820 BILLION - $2.855 BILLION, EXCLUDING BLACK DUCK​.SEES ‍ Q1 2018 NON-GAAP EARNINGS PER SHARE: $0.98 - $1.02​.Q1 EARNINGS PER SHARE VIEW $0.84, REVENUE VIEW $673.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.57, REVENUE VIEW $2.82 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Synopsys Reports Q4 Non-GAAP Earnings Per Share $3.42
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Synopsys Inc ::SYNOPSYS POSTS FINANCIAL RESULTS FOR FOURTH QUARTER AND FISCAL YEAR 2017.Q4 NON-GAAP EARNINGS PER SHARE $3.42.Q4 GAAP LOSS PER SHARE $0.80.Q4 REVENUE $696.6 MILLION VERSUS I/B/E/S VIEW $650.7 MILLION.Q4 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.SEES Q1 2018 GAAP EARNINGS PER SHARE $0.62 TO $0.70.SEES Q1 2018 REVENUE $740 MILLION TO $765 MILLION.SEES ‍FISCAL YEAR 2018 GAAP EARNINGS PER SHARE: $2.24 - $2.38, OR $2.68 - $2.80 EXCLUDING BLACK DUCK​.SEES ‍ FULL FISCAL YEAR 2018 NON-GAAP EARNINGS PER SHARE $3.46 - $3.53, OR $3.58 - $3.65 EXCLUDING BLACK DUCK​.SEES ‍FULL FISCAL YEAR 2018 REVENUE $2.88 BILLION - $2.91 BILLION, OR $2.820 BILLION - $2.855 BILLION, EXCLUDING BLACK DUCK​.SEES ‍ Q1 2018 NON-GAAP EARNINGS PER SHARE: $0.98 - $1.02​.Q1 EARNINGS PER SHARE VIEW $0.84, REVENUE VIEW $673.3 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.57, REVENUE VIEW $2.82 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Synopsys and CEA announce partnership to develop emulation solutions for automotive applications
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Synopsys Inc :Synopsys - ‍announce new partnership based on Synopsys ZeBu Server-3 emulation solution​ with French Alternative Energies and Atomic Energy Commission.Synopsys - ‍partnership aims to shorten automotive system design cycles & increase design quality compliant with industry standards using ZeBu server​.  Full Article

Synopsys to enhance software integrity platform with acquisition of black duck software
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Synopsys Inc :Synopsys to enhance software integrity platform with acquisition of Black Duck Software.Synopsys Inc - ‍under terms of definitive agreement, Synopsys will pay approximately $565 million, or $548 million net of cash acquired​.Synopsys Inc - ‍in addition, synopsys will assume certain unvested equity of Black Duck employees​.Synopsys Inc - ‍transaction will be funded by Synopsys with U.S. cash​.Synopsys Inc - ‍Synopsys expects Black Duck to contribute approximately $55-60 million to fiscal 2018 revenue​.Synopsys Inc - ‍Synopsys currently expects acquisition to be approximately 12 cents dilutive to 2018 non-GAAP earnings per share​.Synopsys Inc - ‍Synopsys currently expects acquisition to reach break-even in second half of 2019​.  Full Article

Synopsys expands DesignWare IP portfolio with acquisition of Sidense Corp
Tuesday, 17 Oct 2017 

Oct 18 (Reuters) - Synopsys Inc :Synopsys expands DesignWare IP portfolio with acquisition of Sidense Corporation.Synopsys Inc - ‍terms of deal, which is not material to synopsys financials, have not been disclosed​.  Full Article

Synopsys to repatriate $775 mln to $850 mln of international cash
Saturday, 9 Sep 2017 

Sept 8 (Reuters) - Synopsys Inc -:Synopsys to repatriate $775-$850 million of international cash.Board of directors has approved plan to repatriate approximately $775 to $850 million of cash currently held offshore during Q4.Related tax payment of approximately $40 to $50 million is expected to be paid in first half of fiscal year 2018.Synopsys Inc says repatriation is planned in anticipation of potential corporate tax reform.Expects to record a one-time tax expense, excluded from non-GAAP results, of approximately $160 to $180 million in Q4 of FY 2017.Sees FY 2017 GAAP earnings per share: $0.75 - $0.95.Sees Q4 GAAP loss per share: $0.91 - $0.71.Synopsys Inc says company expects to be able to realize benefit of its existing research and development tax credits to reduce tax payment on repatriation.  Full Article

Synopsys reports Q3 non-GAAP earnings per share of $0.92
Wednesday, 16 Aug 2017 

Aug 16 (Reuters) - Synopsys Inc :Synopsys posts financial results for third quarter fiscal year 2017.Q3 non-GAAP earnings per share $0.92.Q3 GAAP earnings per share $0.75.Q3 revenue $695.4 million versus I/B/E/S view $691.2 million.Q3 earnings per share view $0.92 -- Thomson Reuters I/B/E/S.Sees Q4 2017 GAAP earnings per share $0.26 to $0.33.Sees Q4 2017 revenue $642 million to $657 million.Synopsys Inc sees ‍Q4 non-GAAP earnings per share $0.55 - $0.58​.Synopsys Inc sees ‍full fiscal year 2017 revenue $2.670 billion - $2.685 billion, GAAP earnings per share $1.92 - $1.99, non-GAAP earnings per share $3.29 - $3.32​.Q4 earnings per share view $0.55, revenue view $639.8 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.28, revenue view $2.66 billion -- Thomson Reuters I/B/E/S.Synopsys Inc sees ‍full fiscal year 2017 cash flow from operations $580 million - $600 million​.  Full Article

Synopsys says court affirmed jury's finding that some features of co's zebu software product infringed mentor graphics patent
Thursday, 16 Mar 2017 

Synopsys Inc :Synopsys - Court affirmed jury's finding that some features of co's zebu software product infringed mentor graphics patent, affirmed jury's damages award.  Full Article

Synopsys posts Q1 adj. earnings per share $0.94
Wednesday, 15 Feb 2017 

Synopsys Inc : Synopsys posts financial results for first quarter fiscal year 2017 . Q1 non-GAAP earnings per share $0.94 . Q1 GAAP earnings per share $0.56 . Q1 revenue $652.8 million versus I/B/E/S view $637.7 million . Q1 earnings per share view $0.78 -- Thomson Reuters I/B/E/S . SEES Q2 2017 GAAP earnings per share $0.51 to $0.59 . Sees Q2 2017 revenue $665 million to $680 million .Q2 earnings per share view $0.77, revenue view $638.9 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Synopsys Initiates $200 Mln Accelerated Share Repurchase Agreement

* SYNOPSYS INITIATES $200 MILLION ACCELERATED SHARE REPURCHASE AGREEMENT