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SNPS

Synopsys, Inc.

5/19/2013, 6:34 PM ET

Quote & Headlines Market Currents StockTalk

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Monday, March 11, 4:42 PM Cadence (CDNS) is acquiring processor core developer Tensilica for $380M in cash. The purchase marks a huge expansion of Cadence's IP licensing business for chipmakers - with Cadence's core chip design software ops showing limited growth, the company is apparently betting an expansion into complementary IP licensing fields will boost growth and help it stand out relative to archrival Synopsys (SNPS). Tensilica has over 200 licensees, including 7 of the world's top 10 chipmakers. The purchase will be financed using a combo of existing cash and a credit facility. Comment! [Tech, M&A]
Wednesday, February 20, 4:44 PM Synopsys (SNPS): FQ1 EPS of $0.67 beats by $0.12. Revenue of $475.1M beats by $1.98M. Shares +3.8% AH. (PR) Comment! [Earnings, Breaking News, Tech, On the Move]
Wednesday, February 20, 12:10 AM Notable earnings after Wednesday’s close: AUY, CAKE, CROX, CXO, DEPO, ETE, ETP, FLR, FST, GDP, GNK, HLX, IAG, IDCC, JACK, KBR, PAAS, PPO, PVA, RBCN, RGP, SAM, SB, SM, SNPS, STAG, STR, SXL, SYNC, SZYM, TRN, TSLA, UNTD, WLT, WMB, WPZ, XCO Comment! [Earnings]
Tuesday, February 19, 5:35 PM Notable earnings after Wednesday’s close: AUY, CAKE, CROX, CXO, DEPO, ETE, ETP, FLR, FST, GDP, GNK, HLX, IAG, IDCC, JACK, KBR, PAAS, PPO, PVA, RBCN, RGP, SAM, SB, SM, SNPS, STAG, STR, SXL, SYNC, SZYM, TRN, TSLA, UNTD, WLT, WMB, WPZ, XCO Comment! [Earnings]
Wednesday, December 5, 2012, 4:10 PM Synopsys (SNPS): FQ4 EPS of $0.47 in-line. Revenue of $454.2M (+16.4% Y/Y) beats by $9M. Shares -0.4% AH. (PR) Comment! [Earnings, Tech]
Friday, August 31, 2012, 12:20 PM Will MIPS' (MIPS +3.8%) efforts to find a buyer soon bear fruit? Benchmark's Gary Mobley thinks so: he claims a meeting with management left him remaining confident the CPU core developer/patent holder's "assets will be broken up and sold within the next four months." Mobley, who has a $10 PT, sees U.K.-based graphics core developer Imagination (IGNMF.PK) as the most logical buyer, but thinks a bid from ARM (ARMH), CEVA, or Synopsys (SNPS) is also possible. Comment! [Tech, On the Move, M&A, Quick Ideas]
Thursday, August 23, 2012, 9:10 AM Premarket gainers: HAIN +12%. SNPS +8%. LOGI +7%.
Losers: GES -18%. BIG -17%. HPQ -6%. Comment! [On the Move]
Wednesday, August 22, 2012, 4:18 PM Synopsys (SNPS): FQ3 EPS of $0.55 beats by $0.05. Revenue of $443.7M (+14.7% Y/Y) in-line. Shares +2.8% AH. (PR) Comment! [Earnings, Tech, On the Move]
Friday, August 3, 2012, 4:25 PM Synopsys (SNPS) is buying Taiwanese chip design software firm SpringSoft for $305M in cash. The price represents a 25% premium to SpringSoft's Friday close in Taipei. Synopsys expects the deal, which strengthens its offerings in the growing chip verification space, to be slightly accretive. "I hope they don’t get indigestion!," writes EE Times' Brian Bailey, noting the deal follows other Synopsys acquisitions. Rival Cadence (CDNS) has also been busy buying smaller peers. Comment! [Tech, M&A]
Monday, July 2, 2012, 5:57 PM Cadence (CDNS) has acquired Sigrity, a developer of tools for analyzing signal integrity within chips, circuit boards, and systems, for $80M. The chip design software market is dominated by Cadence, Synopsys (SNPS), and Mentor Graphics (MENT), and the companies try to keep it that way with the help of acquisitions. Synopsys recently bought rival Magma Design for $507M. Comment! [Tech, M&A]
Wednesday, May 23, 2012, 5:34 PM More on Synopsys (SNPS): FQ2 comes in mixed , beating on revenue but coming up shy on a per share basis. Net earnings plummeted 74% Y/Y on acquisition-related charges, masking actual revenue growth. The company is raising its FY12 guidance based on the robustness of its business base and the rapid integration of its Magma Design Automation acquisition earlier this year. It now expects FY earnings of $2.03 - $2.07 per share on revenue of $1.74B - $1.76B. Comment! [Earnings, Tech]
Wednesday, May 23, 2012, 4:11 PM Synopsys (SNPS): FQ2 EPS of $0.53 misses by $0.02. Revenue of $432M (+9.9% Y/Y) beats by $15M. Shares -0.1% AH. (PR) Comment! [Earnings, Tech]
Wednesday, May 23, 2012, 12:10 AM Notable earnings after Wednesday's close: HPQ, NTAP, P, PVH, SNPS Comment! [Earnings]
Tuesday, May 22, 2012, 5:35 PM Notable earnings after Wednesday's close: HPQ, NTAP, P, PVH, SNPS, SPLK 1 Comment [Earnings]
Wednesday, February 22, 2012, 4:37 PM Synopsys (SNPS): FQ1 EPS of $0.56 beats by $0.04. Revenue of $425M (+16.7% Y/Y) beats by $9M. (PR) Comment! [Earnings, Tech]
Wednesday, February 22, 2012, 12:10 AM Notable earnings after Wednesday's close: ADI, AUY, AVGO, AWAY, CIM, CLR, CXO, DRYS, ESRX, ESV, FLR, FLS, HPQ, HTZ, KBR, LBTYA, LTD, OAS, ONXX, PAAS, PPO, QCOR, QEP, QIHU, SM, SNPS, WLL, WMB, WPZ Comment! [Earnings]