Key Takeaways
- Synopsys stock has fallen more than any other S&P 500 component Thursday after the company reported fiscal fourth-quarter results.
- The chip design software maker's fiscal 2025 outlook was below the analyst consensus compiled by Visible Alpha.
- The company's shares are now about flat for the year.
Synopsys (SNPS) shares tumbled after t𝓡he ch💝ip design software maker posted a disappointing forecast for its coming fiscal year late Wednesday.
The company called for full-year revenue of $6.75 billion to $6.81 billion, below the analyst consensus of roughly $6.9 billion from Visible Alpha. Its 澳洲幸运5开奖号码历史查询:earnings per share (EPS) pr🐠ojection of $10.42 to $10.63 was weไll short of the roughly $11.20 consensus.
Synopsys🎐 stock led all S&꧅amp;P 500 components lower Thursday, falling more than 10% intraday. The drop has Synopsys roughly flat for the year so far.
In the fiscal fourth quarter, Synopsys reported revenue of $1.64 billion, up 11% yea♈r-over-year and slightly above expectations. EPS was $7.14, up from $2.26 a year earlier and above the analysts consensus.
The company said its planned 澳洲幸运5开奖号码历史查询:$35 billion acquisition of simulation software company Ansys (ANSS) 💛is expected to close in the first half of 2025. Shares of Ansys were recently down about 5%.