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Synopsys (SNPS)
NASDAQ:SNPS
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.79Last Year’s EPS
3.56Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 05, 2018
|% Change Since: -12.28%
|Next Earnings Date:Aug 22, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted Synopsys' record-breaking revenue and growth, driven by strong performance in Design Automation and Design IP segments, and a promising outlook for FY '25. However, challenges in the China market, macroeconomic uncertainties, and lower Q1 guidance present notable risks.Company Guidance
During the Synopsys Q4 2024 earnings call, the company provided robust guidance for 2025, projecting double-digit revenue growth between 10.1% and 11.1%, or 11.5% to 12.5% excluding the impact of an extra week and a fiscal calendar adjustment. They anticipate a 40% operating margin, reflecting significant operational efficiency improvements and a focus on leveraging AI and digital transformation. The revenue target for 2025 is set between $6.745 billion and $6.805 billion, with non-GAAP earnings per share expected to grow about 13%, reaching between $14.88 and $14.96. The company also plans for a free cash flow of approximately $1.6 billion, despite a $100 million headwind from deal-related costs and $130 million in cash taxes from a business sale. These projections reflect Synopsys' strategic focus on growth segments and its readiness for the acquisition of Ansys, alongside cautious assumptions regarding macro uncertainties, especially in China.Record Revenue and Growth
Synopsys achieved a record revenue of $6.13 billion in FY '24, up 15% year-over-year. EPS grew at a 24% CAGR over the last 5 years.
Strong Design Automation Performance
Design Automation revenue was up 17% in Q4 and 12% for the full year. Synopsys' Fusion Compiler and Synopsys.ai solutions contributed significantly.
Design IP Segment Success
The Design IP segment delivered 24% revenue growth with 5 points of adjusted operating margin accretion in FY '24.
Positive Outlook for FY '25
Anticipated double-digit revenue growth and a 40% operating margin for FY '25, supported by a strong backlog and strategic focus on AI and high-performance computing.
Ansys Acquisition Progress
The regulatory review of the Ansys acquisition is proceeding well, with expectations to close in the first half of 2025.
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SNPS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SNPS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 04, 2024 | $588.00 | $515.29 | -12.37% |
| Aug 21, 2024 | $564.68 | $548.06 | -2.94% |
| May 22, 2024 | $573.13 | $586.30 | +2.30% |
| Feb 21, 2024 | $543.57 | $580.90 | +6.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Synopsys (SNPS) report earnings?
Synopsys (SNPS) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is Synopsys (SNPS) earnings time?
Synopsys (SNPS) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNPS EPS forecast?
SNPS EPS forecast for the fiscal quarter 2025 (Q1) is 2.79.
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