Synopsys.aiTM: Industry's First Full-Stack, Al-Driven EDA Suite
GAAP to Non-GAAP Reconciliation 1, 2
Operating Margin-Midpoint of Fiscal Year 2024 Targets
At midpoint of revenue and expense guidance ranges
GAAP operating margin
Amortization of intangible assets
Stock compensation
Target non-GAAP operating margin
Twelve Months Ending
October 31, 2024
23.9%
1.6%
11.5 %
37.0%
1 Synopsys' fiscal year 2024 has one extra week and will end on November 2, 2024. For presentation purposes, we refer to the closest calendar month end.
2 These numbers represent the midpoint of targets in the prepared remarks provided on November 29, 2023, and do not represent official guidance for fiscal year 2024.
For additional information about the measures Synopsys uses to evaluate its core business operations, please review the earnings
press release and Item 2.02 of the Current Report on Form 8-K filed on November 29, 2023.
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