Financial PerformanceThe sale of the Software Integrity Group brought in significant cash, enhancing Synopsys' liquidity position.
Product And Market StrategySynopsys is expanding its cloud offerings, providing customers with alternative options to access compute resources and maintaining strong visibility on design start roadmap.
Revenue And GrowthSynopsys has a solid $8.1 billion backlog exiting fiscal year 2024, showing strong demand for its products.