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.