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SOFTWARE INDUSTRY NEWS |
Synopsys reports third quarter 2010 financial data |
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Synopsys, Inc., the software and IP company for semiconductor design, verification and manufacturing, announced its third quarter financial results for fiscal year 2010.  For the quarter, Synopsys reported revenue of $336.9 million as compared to $345.2 million for the third quarter of fiscal 2009. Net income was $39.3 million or $0.26 per share, compared to $47.4 million or $0.32 per share in the same quarter last year. Providing financial targets for the upcoming fourth quarter, exclusive of future acquisition-related expenses, the company expects revenue of $349 million - $357 million, and expenses of $291 million - $310 million. On fully diluted outstanding shares numbering around 149 million - 153 million, it expects earnings per share of $0.21 - $0.27. Guidance for the full year includes revenues of $1.354 billion - $1.362 billion and earnings per share: $1.61 - $1.67. |
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