Synopsys: Light 1Q20 Guidance And Possible Market Share Loss
Synopsys (SNPS) reported 4Q results which had strong revenue and EPS, and similarly in August when it released 3Q results that beat estimates. Although the headline figures look strong, ASC 606 helped recognize record IP bookings upfront due to the strong IP market in 2019. Core EDA revenue were in fact down about 0.9% YoY and 1.8% QoQ on a …
News story posted on 2019-12-06T13:35:00.0000000Z
