Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2024
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Synopsys reported record quarterly revenue of $1.636 billion for Q4 FY2024, marking an 11% YoY increase. The company's GAAP EPS was $1.79, and non-GAAP EPS was $3.40, both exceeding guidance.
December 04, 2024 | 9:30 pm
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Synopsys reported strong financial results for Q4 FY2024 with record revenue and EPS exceeding guidance, indicating robust business performance.
The record revenue and EPS figures indicate strong business performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100