- Though it beat FQ3 estimates, Synopsys (NASDAQ:SNPS) is guiding for FQ4 revenue of $537M-$547M and EPS of $0.59-$0.61, mostly below a consensus of $547M and $0.63.
- FQ3 time-based license revenue +11% Y/Y to $431.2M; up-front license revenue -21% to $31.6M; maintenance/service revenue +6% to $59M. GAAP R&D spend +10% to $182.8M; sales/marketing +7% to $112.3M.
- Synopsys says it's seeing "encouraging results" from recently-acquired software quality/testing tool vendor Coverity.
- Shares -0.8% AH. FQ3 results, PR.
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From other sites
Synopsys : Improving the Development of Safety Critical Systems for Automobiles the Focus of New SAE International Webcastat 4-traders.com (Mar 23, 2015)
at Nasdaq.com (Feb 24, 2015)
at Nasdaq.com (Jan 5, 2015)
at CNBC.com (Dec 19, 2014)
at Investor's Business Daily (Dec 4, 2014)
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