{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-040255","form_type":"8-K","ticker":"SNPS","cik":"0000883241","company_name":"SYNOPSYS INC","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.377187+00:00","generated_at":"2026-06-19T12:41:56.912377+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Synopsys Q1 FY2023 revenue $1.361B, GAAP EPS $1.75, non-GAAP EPS $2.62; reaffirms FY guidance","bullets":["Revenue $1.361B vs $1.270B YoY; GAAP EPS $1.75 (down from $1.99), non-GAAP EPS $2.62 (up from $2.40).","Changed reportable segments to three: Design Automation, Design IP, Software Integrity effective Q1 FY2023.","Reaffirmed FY2023 targets: 14-15% revenue growth, non-GAAP operating margin expansion, non-GAAP EPS growth 18-19%.","Updated annual non-GAAP tax rate to 16% for FY2023 from 18% due to R&D capitalization rules.","CEO Aart de Geus cited robust design activity as driver of confidence and guidance reaffirmation."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-040255","json":"https://secwatch.observer/filing/0001193125-23-040255.json","markdown":"https://secwatch.observer/filing/0001193125-23-040255.md","text":"https://secwatch.observer/filing/0001193125-23-040255.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/883241/000119312523040255/0001193125-23-040255-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/883241/000119312523040255/d436307d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T12:41:56.912377+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7fde6dd096eaa371b5cca3ea979e156ce0176ffd","claim":"SYNOPSYS INC reported Q1 FY23 results: net income $406.7 million, EPS $2.62.","evidence_excerpt":"Synopsys Posts Financial Results for First Quarter Fiscal Year 2023 Q1 FY 2023 Financial Highlights • Revenue: $1.361 billion • GAAP earnings per diluted share: $1.75 • Non-GAAP earnings per diluted share: $2.62","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883241/000119312523040255/0001193125-23-040255-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 FY23"},{"label":"Net income","value":"$406.7 million"},{"label":"EPS","value":"$2.62"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7fde6dd096eaa371b5cca3ea979e156ce0176ffd","claim":"SYNOPSYS INC reported Q1 FY23 results: net income $406.7 million, EPS $2.62.","evidence_excerpt":"On a non-GAAP basis, net income for the first quarter of fiscal year 2023 was $406.7 million, or $2.62 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/883241/000119312523040255/0001193125-23-040255-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q1 FY23"},{"label":"Net income","value":"$406.7 million"},{"label":"EPS","value":"$2.62"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}