Synopsys, Inc.: Earnings Momentum Into 2020

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About: Synopsys, Inc. (SNPS)
by: BOOX Research
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BOOX Research
Contrarian, long/short equity
Summary

SNPS released its fiscal Q4 results and set 2020 guidance presenting continued momentum in earnings growth.

Company is benefiting from increasing complexity of electronics including trends in AI, cloud computing, autonomous vehicles, and 5G wireless technology.

Financial margins expansion will be a key monitoring point going forward.

Synopsys, Inc. (NASDAQ:SNPS) is a leader in software and hardware used by the tech industry for designing, manufacturing, verifying, and the integration of silicon chips in a variety of applications. The company highlights