Synopsys Inc Stock Price, News & Analysis

Synopsys, Inc. (Nasdaq: SNPS) will have John Koeter, senior vice president of marketing and strategy, present at the Berenberg Thematic Software Conference on March 1, 2022, at 12:00 p.m. ET (9:00 a.m. PT). The event will feature a live audio webcast, with a replay available afterward. The webcast can be accessed via the Synopsys corporate website. As a leader in electronic design automation and semiconductor IP, Synopsys supports companies in developing innovative electronic products.

Atomera Incorporated (Nasdaq: ATOM) and Synopsys Incorporated (Nasdaq: SNPS) will jointly host a virtual webinar on March 3, 2022, at 9 a.m. PST, focusing on the benefits of using Atomera's MSTcad™ Toolset for evaluating performance improvements via Mears Silicon Technology™ (MST). The webinar will showcase how MSTcad integrates with Synopsys Sentaurus™ TCAD to model physical and electrical effects of MST, and its role in optimizing dopant profiles and enhancing transistor performance. Registration details are available on Atomera’s website.

On Feb. 16, 2022, Synopsys (SNPS) reported Q1 FY2022 revenue of $1.270 billion, up from $970.3 million year-over-year. The net income reached $313.7 million ($1.99 per diluted share), compared to $162.3 million ($1.03 per diluted share) in Q1 FY2021. Non-GAAP results showed net income of $376.9 million ($2.40 per diluted share). The company returned $250 million to shareholders through stock repurchases and raised its outlook for FY2022, driven by strong demand across product groups and markets.

Synopsys, Inc. (Nasdaq: SNPS) has launched Code Sight™ Standard Edition, a standalone tool that enhances secure software development. This plugin integrates with IDEs, enabling developers to identify and rectify security defects in real-time, thus preventing costly errors later in the software development lifecycle (SDLC). The tool supports rapid scanning through Synopsys' technology and is currently available for Visual Studio Code IDE. A free 30-day trial is offered, allowing developers to quickly implement the solution without disrupting their workflow.

Synopsys (Nasdaq: SNPS) has joined the newly launched Intel Foundry Services (IFS) Accelerator EDA and IP Alliance, enhancing access to Intel's process roadmap and design solutions. This partnership aims to reduce design risks and improve productivity for chip designers in high-performance computing, AI, automotive, and aerospace sectors. The collaboration, part of Intel's IDM 2.0 strategy, leverages Synopsys' proven EDA solutions and IP portfolio to foster innovation and accelerate time-to-market for mutual customers.

Synopsys, Inc. (Nasdaq: SNPS) will report its first quarter fiscal year 2022 results on February 16, 2022, after the market close. A conference call hosted by Aart de Geus and Trac Pham will begin at 2:00 p.m. PT (5:00 p.m. ET). Financial details will be available on their corporate website before the call. A webcast replay will be accessible post-call until the announcement of the second quarter results in May 2022. Synopsys specializes in electronic design automation and semiconductor IP.

Synopsys, Inc. (Nasdaq: SNPS) announced that CFO Trac Pham will present at the 24th Annual Needham Growth Conference on January 12, 2022, at 5:00 p.m. ET (2:00 p.m. PT). A live audio webcast of the fireside chat will be available, along with a replay on the Synopsys investor relations website. As a leader in electronic design automation and semiconductor IP, Synopsys continues to innovate in software security and quality solutions, contributing to the development of advanced electronic products and applications.

On Dec. 22, 2021, Synopsys (Nasdaq: SNPS) announced that Juniper Networks adopted its OptoCompiler™ platform for developing photonic-enabled chips aimed at enhancing optical connectivity in data centers and telecom networks. This adoption aims to optimize Juniper's hybrid silicon and InP optical platform for applications, including AI and LiDAR. OptoCompiler integrates photonic and electronic design tools to expedite design cycles, while OptSim™ offers advanced simulation capabilities, ensuring robust designs. This collaboration may help Juniper lower costs in photonic markets.