Synopsys Inc
SNPS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| y$? | LOCK|v? | LOCK|G%dX?LT> |
Synopsys Earnings: IP Slowdown Causes a Dent and China Headwinds Drive Softer Outlook
Synopsys' third-quarter revenue grew 14% year over year, and non-GAAP operating margins came in at 38.5%, both falling short of FactSet consensus expectations. This was driven by an 8% year-over-year decline in IP revenue, exacerbated by a sluggish China recovery.
