---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-204450"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2024-08-21T23:59:59+00:00"
generated_at: "2026-05-31T08:22:35.162427+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Synopsys Q3 FY2024 revenue record $1.526B, non-GAAP EPS $3.43 beat guidance

## Summary
- Record Q3 revenue $1.526B (+13% YoY); GAAP EPS $2.73; non-GAAP EPS $3.43 (+27% YoY).
- Non-GAAP EPS exceeded guidance; full-year revenue growth ~15% expected with margin expansion.
- Software Integrity business classified as discontinued ops after May 2024 sale agreement.
- Design Automation and Design IP segments both contributed to strong performance.
- CEO Sassine Ghazi cited AI-driven demand; CFO Shelagh Glaser noted record revenue and momentum.

## SEC filing metadata
- accession: 0001193125-24-204450
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2024-08-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312524204450/0001193125-24-204450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312524204450/d878807d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-204450
- JSON: https://secwatch.observer/filing/0001193125-24-204450.json
- Plain text: https://secwatch.observer/filing/0001193125-24-204450.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
