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Wednesday, November 29, 2017

=Synopsys (SNPS) reported earnings on Wed 29 Nov 2017 (a/h)

Semiconductor-design software maker. Synopsys' first and best-known product is Design Compiler, a logic-synthesis tool.

  • Headquarters: Mountain View, CA
  • Number of employees: 10,362 (Q2 Fiscal 2016)
  • Founded: 1986

Synopsys beats by $0.12, beats on revs; guides Q1 EPS above consensus, revs above consensus; provides FY18 guidance 
  • Reports Q4 (Oct) earnings of $0.69 per share, excluding non-recurring items, $0.12 better than the Capital IQ Consensus of $0.57; revenues rose 9.9% year/year to $696.6 mln vs the $650.72 mln Capital IQ Consensus.
  • Co issues upside guidancefor Q1, sees EPS of $0.98-1.02, excluding non-recurring items, vs. $0.84 Capital IQ Consensus Estimate; sees Q1 revs of $740-765 mln vs. $673.48 mln Capital IQ Consensus Estimate.
  • Co issues upside guidancefor FY18, sees EPS of $3.58-3.65 excluding Black Duck acquisition vs. $3.57 Capital IQ Consensus Estimate; sees FY18 revs of $2.82-2.855 bln ex Black Duck vs. $2.82 bln Capital IQ Consensus Estimate.  Co sees revs of $2.88-2.91 & EPS of $3.46-3.53 including BlackDuck
  • "Our EDA and IP products are essential for customers building chips to bring about the Digital Intelligence age. In addition, we are making great progress in scaling our software security platform both organically and through the recently announced planned acquisition of Black Duck Software. Overall, we continued to drive long-term shareholder value by balancing our investment priorities while executing $400 million in share repurchases during fiscal year 2017." 

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