Synopsys Posts Financial Results for Second Quarter 2002

6/4/2002 - Synopsys Inc., (Nasdaq: SNPS) today reported its second quarter results for the period that ended on May 4, 2002. For the second quarter of fiscal 2002, Synopsys reported revenue of $185.6 million and net income, on an earnings before goodwill (EBG) basis, of $25.1 million, or $0.39 per share. This represents a 13.5% increase in revenue and a 59% increase in net income on an EBG basis as compared to the second quarter of fiscal 2001 revenue of $163.5 million and net income on an EBG basis of $15.8 million, or $0.24 per share. EBG represents earnings on a diluted basis excluding amortization of intangible assets and in-process research and development, if any.

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