Name Begin: 11:00 January 1, 0000 11:33 AM ET
Synopsys, Inc. (NASDAQ:SNPS)
twenty seventh Annual Needham Development Convention
January 16, 2025 11:00 AM ET
Firm Individuals
Shelagh Glaser – CFO
Convention Name Individuals
Charles Shi – Needham & Firm
Charles Shi
Good morning. Welcome to the twenty seventh Annual Needham Development Convention. My identify is Charles Shi, I am the semiconductor design software program and IP analyst at Needham. With me right here proper now’s Shelagh Glaser, Chief Monetary Officer of Synopsys. Shelagh, thanks for being with us right now.
Shelagh Glaser
Charles, nice to be with you.
Charles Shi
Yeah. Thanks. Earlier than we begin, permit me to learn the secure harbor assertion from Synopsys. At the moment’s dialogue might include forward-looking statements associated to Synopsys present outlook, expectations and beliefs, that are topic to sure dangers and uncertainties that would trigger precise outcomes to vary. Please seek advice from Synopsys’ most up-to-date SEC filings for a dialogue of threat components that will materially have an effect on these statements.
Now let’s get began. Shelagh, the previous month has clearly been powerful for Synopsys inventory, however there appears to be some confusion across the fiscal 2025 steerage you issued on the fiscal fourth quarter convention name. On a unbroken foundation, let me simply shortly recap a number of the key metrics. You guys guided 10.1% to 11.1% high line progress for the upcoming fiscal yr and in addition to it is a extra second half weighted, for example, 45 to 55 profile, once we take a look at the income cut up between the primary half and the second half. Do you thoughts if we begin there? And I am going to provide you with an opportunity to essentially recap and hopefully, make clear a number of the misunderstandings round that steerage.
Shelagh Glaser
Definitely. Thanks for the query. In order we considered steerage for 2025, it was actually knowledgeable by three
