Backlog DemandSNPS has a solid $8.1 billion backlog exiting fiscal year 2024, showing strong demand for its products.
Financial FlexibilityThe company's debt commitment has been reduced following the SIG sale, indicating improved financial flexibility.
Revenue GrowthExcluding SIG, Synopsys' revenue from its 10%+ customer increased by 8% year-over-year, reflecting strong client relationships and growth.