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Synopsys (SNPS)
NASDAQ:SNPS
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
3.4Last Year’s EPS
3Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -4.65%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive achievements and underlying challenges. Synopsys demonstrated strong performance in key markets like AI and HPC, launched successful new products, and maintained robust EDA software growth. However, the company faced revenue declines in specific segments and challenges in the China market, highlighting areas of concern.Company Guidance
During the Synopsys earnings call for the first quarter of fiscal year 2025, the company provided detailed guidance and results, showcasing strong performance despite challenges in certain markets. Synopsys exceeded the midpoint of its Q1 revenue guidance with a total revenue of $1.46 billion, although this represented a 4% year-over-year decline due to one less work week. The non-GAAP EPS also surpassed expectations, despite a 10% decline from the previous year. The company reaffirmed its fiscal year 2025 targets, projecting revenue between $6.745 billion and $6.05 billion, with a non-GAAP operating margin of 40% and non-GAAP EPS between $14.88 and $14.96. Q2 targets include revenue between $1.585 billion and $1.615 billion, with a non-GAAP EPS of $3.37 to $3.42. Synopsys highlighted robust growth in AI and HPC sectors, while facing headwinds in industrial, automotive, and consumer electronics markets, particularly in China. The pending acquisition of ANSYS, expected to close in the first half of 2025, is anticipated to bolster AI-powered design solutions. The company emphasized significant advancements in hardware-assisted verification and EDA software, noting strong demand for their new HAPS 200 and ZeBu 200 systems, and AI-driven capabilities enhancing productivity, with potential for a paradigm shift in design workflows through agent AI.Exceeding Revenue and EPS Guidance
Synopsys exceeded the midpoint of its Q1 revenue guidance and delivered non-GAAP EPS above its guidance range, despite challenges such as one less work week in the quarter.
Robust AI and HPC Markets
AI and HPC markets remained strong, driving significant design activity and growth opportunities for Synopsys.
Successful Product Launches
Synopsys launched new HAPS 200 prototyping systems and ZeBu 200 emulation systems with up to 2x better performance, strengthening its leadership in hardware-assisted verification.
Strong EDA Software Growth
EDA software segment saw strong design activity at advanced nodes, with significant projects and tape-outs at 2-nanometer technology.
AI-Driven Innovations
Synopsys.ai adoption continues to grow, with notable productivity improvements and competitive displacements in key accounts.
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SNPS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SNPS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $470.46 | $454.71 | -3.35% |
| Dec 04, 2024 | $588.00 | $515.29 | -12.37% |
| Aug 21, 2024 | $564.68 | $548.06 | -2.94% |
| May 22, 2024 | $573.13 | $586.30 | +2.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Synopsys (SNPS) report earnings?
Synopsys (SNPS) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Synopsys (SNPS) earnings time?
Synopsys (SNPS) earnings time is at May 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNPS EPS forecast?
SNPS EPS forecast for the fiscal quarter 2025 (Q2) is 3.4.
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