Synopsys Inc (OQ:SNPS)
Business Focus: Software
| Sector: Technology | Industry: Software |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 675 Almanor Ave SUNNYVALE CA 94085 |
| Tel: | 1-650-5844289 |
| Website: | https://www.synopsys.com |
| IR: | See website |
| Key People | ||
| Aart J. De Geus Executive Chairman of the Board | Sassine E. Ghazi President, Chief Executive Officer, Director | Shelagh Glaser Chief Financial Officer |
| Jill Larsen Chief People Officer | Ann Minooka Chief Marketing Officer | John Frederick Runkel General Counsel, Corporate Secretary | Richard Mahoney Chief Revenue Officer |
| Business Overview |
| Synopsys, Inc. is engaged in supplying the electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs), chips or silicon. The Company provides software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them, including cloud-based digital design flow to boost chip-design development productivity. It also provides technical services and support. The Company has three segments. Design Automation segment includes its advanced silicon design, verification products and services, system integration products and services, digital, custom and FPGA IC design software, verification software and hardware products, manufacturing software products, and other. Design IP segment includes its Design IP products. Software Integrity segment includes solutions that test software code for security vulnerabilities and quality defects, as well as professional and managed services. |
| Financial Overview |
| For the three months ended 31 January 2024, Synopsys Inc revenues increased 21% to $1.65B. Net income increased 65% to $449.1M. Revenues reflect Design IP segment increase of 53% to $525.7M, Design Automation segment increase of 11% to $985.3M, United States segment increase of 20% to $807.6M, China segment increase of 26% to $250M. Net income benefited from Restructuring charges decrease from $40.9M (expense) to $0K. |
| Employees: | 20,300 as of Oct 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $79,210M as of Jan 31, 2024 |
| Annual revenue (TTM): | $6,131M as of Jan 31, 2024 |
| EBITDA (TTM): | $1,706M as of Jan 31, 2024 |
| Net annual income (TTM): | $1,384M as of Jan 31, 2024 |
| Free cash flow (TTM): | $947.13M as of Jan 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 152,543,690 as of Feb 21, 2024 |
| Index Membership: | S&P 500 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.