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Synopsys also has strong FY close

Bodes well for EDA, at least so far..

Aart de Geus
Good afternoon, and thank you for joining us. We are happy to report an excellent fourth quarter finish, wrapping up a strong fiscal year for Synopsys and providing a solid foundation as we enter 2016.

During the year, we made excellent progress with the new generation of design and verification EDA tools, and are now in the midst of a multi-year product upgrade cycle. We also continued to invest in and grow our new Software Integrity products with several important acquisitions in the software quality and security space.

Let me summarize our financial results for the quarter and year. We delivered fourth quarter revenue of $587 million and $2.242 billion for the year, a 9% increase, reflecting both solid organic growth and important acquisitions.


Synopsys' (SNPS) CEO Aart de Geus on Q4 2015 Results - Earnings Call Transcript | Seeking Alpha
 
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