Q1 2015 Financial Highlights

- Revenue: $542.0 million

- GAAP earnings per share: $0.41

- Non-GAAP earnings per share: $0.80

Synopsys has reported results for its first quarter of fiscal year 2015.

For the first quarter of fiscal year 2015, Synopsys reported revenue of $542.0 million, compared to $479.0 million for the first quarter of fiscal 2014, an increase of approximately 13.2 percent.

"Synopsys delivered strong results in the fiscal first quarter, and we are raising our revenue and non-GAAP earnings targets for the year," said Aart de Geus, chairman and co-CEO of Synopsys. "We see high demand for our new products, momentum in IP and prototyping, and we're making good progress in our higher-growth software quality and security space."