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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.
Synopsys
Synopsys
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.