Synopsys, Inc. Reports Earnings Results for the Third Quarter Ended July 31, 2020
August 19, 2020 at 04:03 pm EDT
Synopsys, Inc. announced earnings results for the third quarter ended July 31, 2020. For the third quarter, the company announced total revenue was USD 964.134 million compared to USD 852.970 million a year ago. Operating income was USD 210.598 million compared to USD 127.594 million a year ago. Net income was USD 252.911 million compared to USD 99.929 million a year ago. Basic earnings per share was USD 1.67 compared to USD 0.67 a year ago. Diluted earnings per share was USD 1.62 compared to USD 0.65 a year ago. For the nine months, total revenue was USD 2,659.842 million compared to USD 2,509.613 million a year ago. Operating income was USD 424.009 million compared to USD 390.510 million a year ago. Net income was USD 466.892 million compared to USD 371.653 million a year ago. Basic earnings per share was USD 3.1 compared to USD 2.48 a year ago. Diluted earnings per share was USD 3.01 compared to USD 2.42 a year ago.