Synopsys Issues Statement in Connection with BIS Letter
Synopsys (NASDAQ: SNPS) has suspended its financial guidance for Q3 FY2025 and full FY2025 following a letter from the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce. The letter, received on May 29, 2025, after the company's Q2 FY2025 earnings announcement, outlines new export restrictions related to China. The company is currently evaluating how these restrictions might affect its business operations, financial results, and overall financial condition.
Synopsys (NASDAQ: SNPS) ha sospeso le previsioni finanziarie per il terzo trimestre dell'anno fiscale 2025 e per l'intero anno fiscale 2025, a seguito di una lettera ricevuta dal Bureau of Industry and Security (BIS) del Dipartimento del Commercio degli Stati Uniti. La lettera, pervenuta il 29 maggio 2025 dopo l'annuncio dei risultati del secondo trimestre dell'anno fiscale 2025, illustra nuove restrizioni all'esportazione relative alla Cina. L'azienda sta attualmente valutando come queste restrizioni possano influenzare le sue operazioni commerciali, i risultati finanziari e la situazione finanziaria complessiva.
Synopsys (NASDAQ: SNPS) ha suspendido sus previsiones financieras para el tercer trimestre del a帽o fiscal 2025 y para todo el a帽o fiscal 2025, tras recibir una carta de la Oficina de Industria y Seguridad (BIS) del Departamento de Comercio de EE. UU. La carta, recibida el 29 de mayo de 2025 despu茅s del anuncio de resultados del segundo trimestre del a帽o fiscal 2025, detalla nuevas restricciones de exportaci贸n relacionadas con China. La compa帽铆a est谩 evaluando actualmente c贸mo estas restricciones podr铆an afectar sus operaciones comerciales, resultados financieros y situaci贸n financiera general.
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Synopsys (NASDAQ : SNPS) a suspendu ses pr茅visions financi猫res pour le troisi猫me trimestre de l'exercice 2025 ainsi que pour l'ensemble de l'exercice 2025, suite 脿 une lettre du Bureau of Industry and Security (BIS) du D茅partement du Commerce des 脡tats-Unis. Cette lettre, re莽ue le 29 mai 2025 apr猫s l'annonce des r茅sultats du deuxi猫me trimestre de l'exercice 2025, d茅taille de nouvelles restrictions 脿 l'exportation concernant la Chine. La soci茅t茅 茅value actuellement l'impact potentiel de ces restrictions sur ses op茅rations commerciales, ses r茅sultats financiers et sa situation financi猫re globale.
Synopsys (NASDAQ: SNPS) hat seine Finanzprognosen f眉r das dritte Quartal des Gesch盲ftsjahres 2025 sowie f眉r das gesamte Gesch盲ftsjahr 2025 ausgesetzt, nachdem ein Schreiben vom Bureau of Industry and Security (BIS) des US-Handelsministeriums eingegangen ist. Das Schreiben, das am 29. Mai 2025 nach der Bekanntgabe der Ergebnisse des zweiten Quartals 2025 einging, enth盲lt neue Exportbeschr盲nkungen in Bezug auf China. Das Unternehmen pr眉ft derzeit, wie sich diese Beschr盲nkungen auf seine Gesch盲ftsabl盲ufe, Finanzergebnisse und die allgemeine finanzielle Lage auswirken k枚nnten.
- None.
- Suspension of Q3 FY2025 and full FY2025 financial guidance indicates significant uncertainty
- New export restrictions to China could potentially impact revenue and market access
- Business operations and financial condition may be adversely affected by the restrictions
On May 29, 2025, following the announcement of Synopsys' financial results of its second fiscal quarter ended April 30, 2025, Synopsys received a letter from the Bureau of Industry and Security of the
About Synopsys
Catalyzing the era of pervasive intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation to silicon IP and system verification and validation. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow.聽 Learn more at .
INVESTOR CONTACT:
Trey
Synopsys, Inc.
650-584-4289
[email protected]
EDITORIAL CONTACT:
Cara Walker
Synopsys, Inc.
650-584-5000
[email protected]
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding Synopsys' assessment of the potential impact of the BIS Letter. These statements involve risks, uncertainties and other factors, including those factors listed in Synopsys' most recent reports on Form 10-K and Form 10-Q, that could cause our actual results, time frames or assessment to differ materially from those expressed or implied in such forward-looking statements. The information provided herein is as of May 29, 2025. Synopsys undertakes no duty to, and does not intend to, update any forward-looking statement, whether as a result of new information, future events or otherwise, unless required by law.
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FAQ
Why did Synopsys (SNPS) suspend its 2025 financial guidance?
What are the new export restrictions for Synopsys (SNPS) in China?
How will the BIS restrictions affect Synopsys' (SNPS) business in China?
When did Synopsys (SNPS) receive the BIS export restriction letter?
