secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2024-12-04T23:59:59+00:00
Accession:  0001193125-24-270723
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synopsys Q4 FY24 revenue $1.636B, up 11% YoY; non-GAAP EPS $3.40 beats guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312524270723/0001193125-24-270723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312524270723/d868165d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-270723

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer