WASHINGTON (dpa-AFX) - Synopsys, Inc. (SNPS) announced earnings for its
first quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $449.11 million, or $2.89 per share. This
compares with $271.54 million, or $1.75 per share, in last year's first quarter.

Excluding items, Synopsys, Inc. reported adjusted earnings of $553.67 million or
$3.56 per share for the period.

Analysts on average had expected the company to earn $3.43 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 21.3% to $1.65 billion from $1.36
billion last year.

Synopsys, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $449.11 Mln. vs. $271.54 Mln. last year.
-EPS (Q1): $2.89 vs. $1.75 last year.
-Analyst Estimate: $3.43
-Revenue (Q1): $1.65 Bln vs. $1.36 Bln last year.

-Guidance:
Next quarter EPS guidance: $2.05 - $2.16
Next quarter revenue guidance: $1560 - $1590 Mln
Full year EPS guidance: $9.56 - $9.74
Full year revenue guidance: $6,570 - $6,630 Mln


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