earnings
confidence high
sentiment positive
materiality 0.80
Synopsys Q4 FY24 revenue $1.636B, up 11% YoY; non-GAAP EPS $3.40 beats guidance
SYNOPSYS INC
2024-FY EPS reported
$14.51
revenue$6,127,436,000
- Record quarterly revenue $1.636B, up ~11% YoY; full-year revenue $6.127B, up ~15% YoY.
- GAAP EPS $1.79; non-GAAP EPS $3.40, up ~13% YoY and above guidance.
- Software Integrity business sold on 9/30/24; results presented as discontinued operations.
- Ansys acquisition on track for H1 2025; HSR waiting period expired, working with FTC.
- FY2025 guidance: expects double-digit revenue growth despite calendar change and macro uncertainties.