WASHINGTON (dpa-AFX) - Synopsys, Inc. (SNPS) reported a profit for its
second quarter that increased from last year, with adjusted earnings coming in
above the company's guidance.

The company's bottom line came in at $299.1 million, or $1.92 per share. This
compares with $275.6 million, or $1.78 per share, in last year's second quarter.

Excluding items, Synopsys reported adjusted earnings of $466.9 million or $3.00
per share for the period.

At its Investor Day in March, Synopsys had lowered its adjusted earnings
guidance to a range of $2.93 - $2.98 per share from prior guidance of $3.09 -
$3.14 per share.

The company's revenue for the quarter rose 15.2% to $1.455 billion from $1.263
billion last year. Synopsys had forecast revenue in a range of $1.425 to $1.455
billion.

Looking ahead, Synopsys raised its full year targets for revenue and non-GAAP
EPS, based on strong execution and continued business momentum.

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

-Earnings (Q2): $299.1 Mln. vs. $275.6 Mln. last year.
-EPS (Q2): $1.92 vs. $1.78 last year.
-Revenue (Q2): $1.46 Bln vs. $1.26 Bln last year.

-Guidance:
Next quarter EPS guidance: $2.22-$2.35
Next quarter revenue guidance: $1.5-$1.53 Billion
Full year EPS guidance: $9.14-$9.36
Full year revenue guidance: $6.09-$6.15 Billion



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