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0:00 / 0:00I. Business Overview and Strategy
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Synopsys Revenue Surges 15% to $6.1 Billion Amid Ansys Merger Push

SNPS10-KFiling Date: 12/19/2024
Synopsys Inc.
Description

What this story covers

Synopsys' 2024 10-K reveals 15 percent revenue growth to $6.1 billion, driven by EDA and IP segments, with strong liquidity at $4.1 billion cash. Highlights include AI integrations, Ansys $35 billion merger pending, Software Integrity divestiture for $1.65 billion, and risks from geopolitics and competition. Operating income up 6 percent to $1.4 billion despite merger costs.

Story snapshot

CompanySynopsys Inc.
TickerSNPS
VariantStandard detailed
Duration16:25
Filing type10-K
PeriodAnnual 2024
IndustryTechnology
Accession0000883241-24-000024

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