Synopsys completes successfully 2008 financial year<br />


Synopsys completes successfully 2008 financial year

  • 05-12-2008 23:00:00   | Armenia  |  Economy
YEREVAN, DECEMBER 5, NOYAN TAPAN. Synopsys Company, a world leader in Electronic Design Automation software for semiconductor design, one of whose biggest subsidiaries - Synopsys Armenia is located in Armenia, has announced that in the 4th quarter of 2008 financial year (in the U.S, a financial year begins on October 1 and ends on September 30) it had revenues of 352.8 mln USD, which exceeds by 11.9% the index of 4th quarter of 2007 financial year (315.2 mln USD). The revenues for the whole 2008 financial year made 1 bln 337 mln USD, exceeding by 10.3% the revenues of 1 bln 212 mln USD in 2007 financial year. According to data calculated by the U.S. Generally Accepted Accounting Principles (GAAP), the net profit of Synopsys made 46.4 mln USD in 4th quarter of 2008 financial year - against 41 mln USD in 4th quarter of 2007 financial year. The net profit in the whole 2008 financial year amounted to 190 mln USD - against 130.5 mln USD in 2007 financial year.
  -   Economy