![]() In addition, disruptive innovation and collaborations accelerated our momentum, as a number of large customers significantly expanded their commitments with Synopsys, as visible in an outstanding orders year.Īs a result, we enter fiscal 2022 with momentum. ![]() We substantially expanded our non-GAAP operating margin, with more than 20% earnings growth, and generated record cash flow of $1.49 billion. ![]() We grew revenue 14% to $4.2 billion, with double-digit growth in all product groups and geographies. I'm happy to report that Synopsys delivered another record year, substantially exceeding our original goals. In addition, the prepared remarks will be posted on the site at the conclusion of the call.Īnd with that, I'll turn the call over to Aart de Geus.Īart de Geus - Chairman and Co-Chief Executive Officer Reconciliations to their most directly comparable GAAP financial measures and supplemental financial information can be found in the earnings press release, financial supplement and 8-K that we released earlier today.Īll of these items, plus the most recent investor presentation are available on our website at. In addition, we will refer to non-GAAP financial measures during the discussion. In addition to any risks that we highlight during the call, important factors that may affect our future results are described in our most recent SEC reports and today's earnings press release. While these statements represent our best current judgment about future results and performance as of today, our actual results are subject to many risks and uncertainties that could cause actual results to differ materially from what we expect. With us today are Aart de Geus, Chairman and Co-CEO of Synopsys and Trac Pham, Chief Financial Officer.īefore we begin, I'd like to remind everyone that during the course of this call, Synopsys will discuss forecasts, targets and other forward-looking statements regarding the company and its financial results.
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