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Synopsys Completes Successfully 2008 Financial Year

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  • Synopsys Completes Successfully 2008 Financial Year

    SYNOPSYS COMPLETES SUCCESSFULLY 2008 FINANCIAL YEAR

    Noyan Tapan
    http://www.nt.am?shownews=1010291
    Dec 5, 2008

    YEREVAN, DECEMBER 5, NOYAN TAPAN. Synopsys Company, a world leader in
    Electronic Design Automation software for semiconductor design, one of
    whose biggest subsidiaries - Synopsys Armenia is located in Armenia,
    has announced that in the 4th quarter of 2008 financial year (in the
    U.S, a financial year begins on October 1 and ends on September 30)
    it had revenues of 352.8 mln USD, which exceeds by 11.9% the index
    of 4th quarter of 2007 financial year (315.2 mln USD). The revenues
    for the whole 2008 financial year made 1 bln 337 mln USD, exceeding
    by 10.3% the revenues of 1 bln 212 mln USD in 2007 financial year.

    According to data calculated by the U.S. Generally Accepted Accounting
    Principles (GAAP), the net profit of Synopsys made 46.4 mln USD in 4th
    quarter of 2008 financial year - against 41 mln USD in 4th quarter of
    2007 financial year. The net profit in the whole 2008 financial year
    amounted to 190 mln USD - against 130.5 mln USD in 2007 financial year.
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