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SNPS Synopsys News Story

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Synopsys falls after downbeat quarterly results

** Shares of chip design software provider Synopsys SNPS.O fall ~14% to $520 in extended trading

** Company reports revenue of $1.74 bln, vs analysts' estimates of $1.77 bln for the quarter ended July 31

** Company reports adjusted profit of $3.39 per share, missing analysts' average estimate of $3.74

** SNPS shares up 24.5% YTD, including session moves

 (Reporting by Ateev Bhandari in Bengaluru)

 ((Ateev.Bhandari@thomsonreuters.com;))

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