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Thursday, December 04, 2014

Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2014

Q4 2014 Financial Highlights

  • Revenue: $539.0 million
  • GAAP earnings per share: $0.39
  • Non-GAAP earnings per share: $0.64
  • FY 2014 Financial Highlights
  • Revenue: $2.057 billion
  • GAAP earnings per share: $1.64
  • Non-GAAP earnings per share: $2.53
  • Cash flow from operations: $551 million
  • Ending cash balance: $985.8 million

Synopsys, Inc. reported results for its fourth quarter and fiscal year 2014.

For the fourth quarter of fiscal 2014, Synopsys reported revenue of $539.0 million, compared to $504.9 million for the fourth quarter of fiscal 2013. Revenue for fiscal year 2014 was $2.057 billion, an increase of 4.9 percent from $1.962 billion in fiscal 2013.

"Fiscal 2014 was a very good, very significant year for Synopsys," said Aart de Geus, chairman and co-CEO of Synopsys. "We delivered solid financial results, and built a strong foundation for 2015. We released game-changing new products that will drive a multi-year upgrade cycle. And we broadened our total addressable market to include the higher-growth software quality, test and security space. We look forward to another year of solid financial execution and operational performance."

To view an unabridged version of this press release, visit: http://news.synopsys.com/2014-12-03-Synopsys-Posts-Financial-Results-for-Fourth-Quarter-and-Fiscal-Year-2014

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