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Oct 31, 2020

Synopsys Q4 2020 Earnings Report

Synopsys' Q4 2020 financial results were released, showcasing revenue of $1.025 billion and GAAP EPS of $1.26.

Key Takeaways

Synopsys reported strong Q4 2020 results with revenue reaching $1.025 billion and GAAP earnings per share of $1.26. The company is entering fiscal year 2021 with considerable financial and customer momentum.

Revenue for the fourth quarter was $1.025 billion.

GAAP earnings per share were $1.26.

Non-GAAP earnings per share were $1.58.

Net income for the fourth quarter of fiscal year 2020 was $197.5 million.

Total Revenue
$1.03B
Previous year: $851M
+20.4%
EPS
$1.58
Previous year: $1.15
+37.4%
Gross Profit
$801M
Previous year: $668M
+19.8%
Cash and Equivalents
$1.24B
Previous year: $729M
+69.6%
Free Cash Flow
$168M
Previous year: $145M
+15.3%
Total Assets
$8.03B
Previous year: $6.41B
+25.4%

Synopsys

Synopsys

Synopsys Revenue by Segment

Forward Guidance

Synopsys provided its consolidated financial targets for the first quarter and full fiscal year 2021, assuming no changes to the current U.S. government “Entity List” restrictions.