MARKET COMPOSITE
SNPS - Synopsys, Inc.8:00:00 PM 4/25/2024
Price
$530.11
+ 2.59 (0.49%)
Synopsys is an American electronic design automation company that focuses on silicon design and verification, silicon intellectual property and software security and quality. Products include logic synthesis, behavioral synthesis, place and route, static timing analysis, formal verification, hardware description language simulators, as well as transistor-level circuit simulation. The simulators include development and debugging environments which assist in the design of the logic for chips and computer systems. In recent years, Synopsys has expanded its products and services to include application security testing. Their technology is present in self-driving cars, artificial intelligence, and internet of things consumer products. Synopsys was founded by Aart J de Geus and David Gregory in 1986 in Research Triangle Park, North Carolina. The company was initially established as Optimal Solutions with a charter to develop and market synthesis technology developed by the team at General Electric.
Financials
Quarterly financials
(USD)Jan 2024Q/Q
Revenue1.6B+3%
Gross Profit1.3B+4%
Cost Of Revenue329.2MM-1%
Operating Income359.6MM-16%
Operating Expenses960.4MM+15%
Net Income449.1MM+29%
R&D552.1MM+13%
G&A138.4MM+23%
Marketing263.4MM+15%
Amortization27.1MM-13%
Interest Expense1.3MM-
Stock Chart

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Stock news

    Synopsys (SNPS) reachead $527.52 at the closing of the latest trading day, reflecting no change compared to its last close.

    Synopsys, Inc. (Nasdaq: SNPS) today announced broad EDA and IP collaborations with TSMC for advanced node designs and have been deployed across a range of AI, high-performance computing, and mobile designs. Among the newest collaborations is a co-optimized Photonic IC flow, addressing the application of silicon photonics technology in the quest for better power, performance, and transistor density. Synopsys also noted the industry's confidence in its digital and analog design flows, production-r

    SANTA ROSA, Calif., April 24, 2024--Keysight Technologies, Inc. (NYSE: KEYS), Synopsys, Inc. (Nasdaq: SNPS), and Ansys (Nasdaq: ANSS) introduce a new integrated radio frequency (RF) design migration flow from TSMC’s N16 process to its N6RF+ technology to address the power, performance, and area (PPA) requirements of today’s most demanding wireless integrated circuit applications. The new migration workflow integrates millimeter wave (mmWave) and RF solutions from Keysight, Synopsys, and Ansys in

    Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the second quarter fiscal year 2024 on Wednesday, May 22, 2024, after the market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook.

    Over the past year, many Synopsys, Inc. ( NASDAQ:SNPS ) insiders sold a significant stake in the company which may have...

    Synopsys (SNPS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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