December 2, 2011 - 16:34 AMT
11.2 % increase in Synopsys revenues recorded for FY 2011

Synopsys, Inc. (Nasdaq: SNPS) has reported results for its fourth quarter and fiscal year 2011.

For the fourth quarter of FY 2011, Synopsys reported revenue of $390.5 million against $375.5 million for similar period of 2010.

FY 2011 revenues grew by 11.2 % to total $1.536 billion against $1.38 billion revenues for FY 2010. "Synopsys had an outstanding fiscal 2011, with double-digit revenue and non-GAAP earnings per share growth," Chairman and CEO of Synopsys Aart de Geus said.

Synopsys, Inc. is a leading company in the Electronic Design Automation industry.