Welcome to our dedicated page for Synopsys news (Ticker: SNPS), a resource for investors and traders seeking the latest updates and insights on Synopsys stock.
Synopsys Inc (NASDAQ: SNPS) drives innovation in electronic design automation (EDA) and semiconductor IP solutions, enabling next-generation chip and system development. This dedicated news hub provides investors and industry professionals with official announcements, strategic updates, and market insights directly from Synopsys leadership.
Comprehensive Coverage: Access timely updates including quarterly earnings reports, product launch details, technology partnerships, and executive commentary. Our curated collection features verified press releases covering critical developments in EDA software advancements, silicon IP licensing agreements, and software security innovations.
Strategic Resource: Track Synopsys' role in shaping semiconductor design trends through acquisitions, R&D milestones, and industry collaborations. Stay informed about developments impacting automotive electronics, AI hardware acceleration, and cloud-based design tools—key growth areas in modern computing infrastructure.
Bookmark this page for immediate access to Synopsys' latest corporate communications and technology announcements. Check regularly for updates that matter to semiconductor investors, engineering professionals, and technology analysts worldwide.
Synopsys, Inc. (Nasdaq: SNPS) announced that CFO Trac Pham will speak at the Rosenblatt Securities Technology Summit: Age of AI Scaling on August 26, 2021, at 2:00 p.m. ET (11:00 a.m. PT). The event will be available via live webcast on the Synopsys corporate website, with a replay accessible post-event. Synopsys is a leader in electronic design automation and semiconductor IP, offering a wide range of application security tools and services for innovators in the tech industry.
Synopsys, Inc. (Nasdaq: SNPS) reported third-quarter fiscal 2021 revenue of $1,057.1 million, a significant increase from $964.1 million in the same period last year. Non-GAAP earnings reached $284.5 million or $1.81 per share, compared to $271.9 million or $1.74 per share in Q3 2020. GAAP net income fell to $198.6 million or $1.27 per share, down from $252.9 million or $1.62 per share the previous year. The company aims for over $5 billion in revenue by 2023, citing strong market performance and technological advancements.
Synopsys, Inc. (Nasdaq: SNPS) will report its third quarter fiscal year 2021 earnings on August 18, 2021, after market close. A conference call, led by CEO Aart de Geus and CFO Trac Pham, will begin at 2:00 p.m. PT (5:00 p.m. ET). Financial details will be available on their website prior to the call, with a live webcast accessible for participants. The replay of the call can be accessed both online and via dial-in from August 18 to August 25, 2021.
Synopsys, Inc. (Nasdaq: SNPS) has launched new Rapid Scan capabilities to enhance application security testing through its Coverity and Black Duck solutions. These features provide fast vulnerability detection for both proprietary and open-source code, particularly during the early stages of development for cloud-native applications. By enabling quick scans with minimal resource use, Rapid Scan allows teams to integrate security seamlessly into their workflows, preventing vulnerabilities from affecting later stages of the development lifecycle.
Synopsys (Nasdaq: SNPS) announced the establishment of the Anita D'Amico Endowment Fund for Cybersecurity and Psychology Research at Adelphi University. This fund aims to support interdisciplinary research focusing on the intersection of cybersecurity and human behavior. Key research areas include safety culture in cybersecurity, human factors in software development, and decision-making in secure computing. Anita D'Amico, VP of Market Development at Synopsys, emphasizes the importance of human factors in enhancing cybersecurity measures. The endowment reflects Synopsys's commitment to advancing research in this critical field.
Synopsys has announced the successful tapeout of a multi-subsystem SoC utilizing Samsung Foundry's 3nm gate-all-around (GAA) technology. This collaboration enhances power-performance-area (PPA) metrics, leveraging innovations in GAA designs to meet demands for high-performance computing and AI applications. The Synopsys Fusion Design Platform now supports Samsung's advanced process, enabling maximum optimization for clients.
Key products qualified include Fusion Compiler, IC Compiler II, and various signoff tools, reinforcing Synopsys' commitment to advancing semiconductor technology.
Synopsys (Nasdaq: SNPS) has partnered with Samsung's System LSI Business to enhance design robustness using PrimeShield™. This innovative solution addresses design vulnerabilities stemming from variations, optimizing voltage efficiency and performance. PrimeShield utilizes machine learning to accelerate Monte Carlo simulations, significantly improving analysis speed from days to minutes. Samsung's vice president hailed the collaboration, emphasizing the quality-of-results advantages and advancements in power and performance for next-generation applications in mobile, 5G, and automotive fields.
Synopsys has announced an accelerated share repurchase (ASR) agreement with Mizuho Markets Americas LLC to repurchase $175 million of its stock. The initial delivery involves approximately 521,000 shares, with the final number determined based on the average daily volume-weighted share prices during the repurchase period. The settlement is expected to be completed on or before August 18, 2021. This initiative aims to enhance shareholder value and optimize capital structure, reflecting confidence in Synopsys' future growth potential.
