Synopsys Inc (BSP:S1NP34)
R$ 805.7 -5.48 (-0.68%) Market Cap: 491.17 Bil Enterprise Value: 483.66 Bil PE Ratio: 59.08 PB Ratio: 11.35 GF Score: 96/100

Synopsys Inc at DA Davidson Software and Internet Conference (Virtual) Transcript

Sep 09, 2021 / 05:30PM GMT
Release Date Price: R$447.46
Thomas Robert Diffely
D.A. Davidson & Co., Research Division - MD & Senior Research Analyst

Okay. Well, thank you, everybody. This is a D.A. Davidson fireside chat. And today, we are lucky enough to have Trac Pham, the CFO of Synopsys. And it looks like just the 2 of us on screen today, so we will just jump right in.

So Trac, thanks for being here. And I just want to start out with the big news, the $5 billion declaration for 2023, but perhaps more importantly, the double-digit growth -- long-term growth rate, which for years and years aspiration was high single digits, maybe get earnings in the low double digits, but now to have revenue growth in the double digits.

Questions & Answers

Thomas Robert Diffely
D.A. Davidson & Co., Research Division - MD & Senior Research Analyst

Maybe just talk a little bit about that. What's changed? What are the big drivers behind that?

Trac Pham
Synopsys, Inc. - CFO

Well, first, it's great to connect with you, Tom. Always good to see you. And

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