Synopsys, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended July 31, 2022
August 17, 2022 at 04:05 pm EDT
Synopsys, Inc. reported earnings results for the third quarter and nine months ended July 31, 2022. For the third quarter, the company reported revenue was USD 1,247.77 million compared to USD 1,057.13 million a year ago. Net income was USD 222.63 million compared to USD 198.65 million a year ago. Basic earnings per share from continuing operations was USD 1.46 compared to USD 1.3 a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 1.27 a year ago.
For the nine months, revenue was USD 3,797.25 million compared to USD 3,051.77 million a year ago. Net income was USD 831.09 million compared to USD 556.07 million a year ago. Basic earnings per share from continuing operations was USD 5.43 compared to USD 3.64 a year ago. Diluted earnings per share from continuing operations was USD 5.31 compared to USD 3.54 a year ago.