(Reuters) -Synopsys on Wednesday forecast second-quarter revenue above Wall Street estimates, citing growing demand for its software used in designing chips. The company's shares rose 2.45% to $ ...

For the quarter ended January 2025, Synopsys (SNPS) reported revenue of $1.46 billion, down 11.8% over the same period last year. EPS came in at $3.03, compared to $3.56 in the year-ago quarter.

However, the deceleration in the Design Automation segment revenue growth raises concern that the stock's current valuation is too high to be justified. Synopsys' technical indicators suggest that ...

With 80% of revenue being recurring in nature due to their software business model, this leads to an extremely predictable growth profile for Synopsys and Cadence, which also entails best-in-class ...

Technologycategory· February 26, 2025 Synopsys revenue forecast beats estimates on AI chip boom, shares up Synopsys on Wednesday forecast second-quarter revenue above Wall Street estimates ...

The Synopsys deal offers strategic benefits, including enhanced semiconductor design capabilities and potential revenue synergies, though cost synergies may be modestly overstated. Chinese ...

Synopsys, which makes software used to design semiconductors, on Wednesday introduced a technology it said will pave the way ...