Wouldn't it be great if stocks never went down?
If, for example, Synopsys
But enough about the stock. How's the actual business going at Synopsys?
Pretty darn good
Reporting $315.2 million in sales and $0.27 per share by GAAP figuring, compared with $0.07 last year -- a near fourfold increase over last year's Q4 -- Synopsys once again thrashed analyst estimates for both sales and earnings last week. The company's not yet earning the kind of margins that rival Cadence
The cash-flow story read even better. Remember how Synopsys was promising to generate $275 million in operating cash flow earlier this year? Remember how it bumped that figure up to $325 million in last quarter's report? Then you're going to love what Synopsys ultimately reported last week.
How about $433.5 million?
That's right, with a "4"
Fools keep a special place in their hearts for companies that underpromise and overdeliver like this. So while I'm of course disappointed that management promised decreased cash flow next year, I'm going to season its promise to once again generate "Cash flow from operations: greater than $325 million" with a few grains of salt. Mmm, tasty.
Meanwhile, current investors in the company can savor the valuation. With accounts receivable essentially flat year over year, it seems that Synopsys' customers -- including the likes of AMD
Find our synopses on Synopsys' last quarter at: