FX.co ★ Synopsys, Inc. Bottom Line Climbs In Q4

Synopsys, Inc. (SNPS) reported a significant increase in its fourth-quarter earnings compared to the previous year. The company's net income reached $1.114 billion, translating to $7.14 per share, a substantial rise from the $349.19 million, or $2.26 per share, recorded in the same quarter last year.

After accounting for adjustments, Synopsys posted earnings of $529.93 million, or $3.40 per share, for the quarter. Revenue for the period saw an 11.5% increase, climbing to $1.635 billion from $1.467 billion a year earlier.

A summary of Synopsys, Inc.'s fourth-quarter performance based on GAAP metrics is as follows:

- Earnings: $1.114 billion compared to $349.19 million last year.

- Earnings Per Share (EPS): $7.14 versus $2.26 last year.

- Revenue: $1.635 billion as opposed to $1.467 billion last year.

Looking ahead, Synopsys has provided guidance for the next quarter, projecting an EPS range of $2.77 to $2.82 and forecasted revenue between $1,435 million and $1,465 million.