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Synopsys Posts Financial Results for First Quarter Fiscal Year 2026
Synopsys, Inc. reported its financial results for the first quarter of fiscal year 2026, with revenue reaching $2.409 billion, exceeding prior guidance, and non-GAAP diluted EPS of $3.77. The company reiterated its full-year total revenue expectations of $9.61 billion, including $2.9 billion from Ansys. Synopsys also announced that its board of directors approved a $2.0 billion replenishment of its stock repurchase program.