On December 4, 2024, Synopsys announced its financial results for Q4 and FY 2024, ending October 31, 2024. The company achieved record quarterly revenue of $1.636 billion, up 11% YoY, and full-year revenue of $6.127 billion, a 15% increase YoY. GAAP EPS for the quarter was $1.79, while non-GAAP EPS was $3.40, up 13% YoY.Synopsys completed the sale of its Software Integrity business and is preparing for the Ansys acquisition, expected to close in the first half of 2025. The company anticipates double-digit revenue growth in 2025, despite macroeconomic uncertainties. The Hart-Scott-Rodino Act waiting period has expired, and Synopsys is working with the FTC to conclude the investigation.For FY 2025, Synopsys targets revenue between $6.745 billion and $6.805 billion, with GAAP EPS ranging from $10.42 to $10.63 and non-GAAP EPS from $14.88 to $14.96. The company expects continued strong execution and growth driven by its industry-leading technology.

On December 4, 2024, Synopsys announced its financial results for Q4 and FY 2024, ending October 31, 2024. The company achieved record quarterly revenue of $1.636 billion, up 11% YoY, and full-year revenue of $6.127 billion, a 15% increase YoY. GAAP EPS for the quarter was $1.79, while non-GAAP EPS was $3.40, up 13% YoY.Synopsys completed the sale of its Software Integrity business and is preparing for the Ansys acquisition, expected to close in the first half of 2025. The company anticipates double-digit revenue growth in 2025, despite macroeconomic uncertainties. The Hart-Scott-Rodino Act waiting period has expired, and Synopsys is working with the FTC to conclude the investigation.For FY 2025, Synopsys targets revenue between $6.745 billion and $6.805 billion, with GAAP EPS ranging from $10.42 to $10.63 and non-GAAP EPS from $14.88 to $14.96. The company expects continued strong execution and growth driven by its industry-leading technology.