Synopsys records year-on-year rise

For the second quarter of fiscal 2010, software company Synopsys reported revenue of $338.1m (£235.8m), compared with $336.8m for the second quarter of fiscal 2009.

On a GAAP basis, net income for the quarter was $39.5m, or $0.26 per share, compared with $48.3m, or $0.33 per share, for the second quarter of fiscal 2009.

On a non-GAAP basis, net income was $61.9m, or $0.41 per share, compared to non-GAAP net income of $65.9m, or $0.45 per share, for the second quarter of fiscal 2009.