Synopsys Inc (STU:SYP)
€ 534.4 18.2 (3.53%) Market Cap: 81.84 Bil Enterprise Value: 81.28 Bil PE Ratio: 61.63 PB Ratio: 12.80 GF Score: 90/100

Synopsys Inc at Needham Growth Conference Transcript

Jan 14, 2020 / 07:50PM GMT
Release Date Price: €132.88 (-1.10%)
Richard Frank Valera
Needham & Company, LLC, Research Division - Senior Analyst

Okay. We're going to kick off the next session. Rich Valera, I cover EDA and Technical software for Needham, and very pleased to have as our next participant the founder and now co-CEO of Synopsys Aart de Geus. And we're going to kick off with Aart sort of giving his State of the Union as it were for Synopsys in the industry, and then we're going to go into some sort of interactive Q&A. So with that, Aart, thank you. First, thank you for coming and look forward to hearing your thoughts here. Well,

Aart J. de Geus
Synopsys, Inc. - Co-Founder, Chairman & Co-CEO

Thanks for having me, and it's a shortened State of the Union bottom line is, I think, Synopsys is in really good shape. We had an excellent last year. And hopefully you saw that we gave strong guidance for 2020 with an objective to drive EPS return to mid-teens and $3.6 billion to $3.65 billion in revenue and ops margin, another 2 points up to 27%. And so I'm quite enthusiastic about the year. Now one warning,

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