Synopsys Gains After Earnings Beat by Chip-Design-Software Maker [TheStreet.com]
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
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Source: TheStreet.com
Synopsys Gains After Earnings Beat by Chip-Design-Software Maker Shares of Synopsys ( SNPS Get Report Synopsys's stock price recently was 4.5% up at $137.80. For the fiscal third quarter ended July 31, earnings were 65 cents a share versus 52 cents. Adjusted earnings for the latest period were $1.18 a share, beating the $1.10 estimate of analysts surveyed by Zacks Investment Research. In the year-earlier period the Mountain View, Calif., company earned an adjusted 95 cents a share. It is the third time in the past four quarters that Synopsys has beat analyst estimates. The tech firm, whose software is used to design and test chips, generated revenue of $853 million for the quarter, 2.8% more than the estimate of analysts polled by Zacks. It also represented a 9.4% increase over the year-earlier quarter, when Synopsys reported $779.1 million in revenue. "Despite the uncertain geopolitical and economic backdrop, global design activity and customer engagements are thriving," Aart de Geus
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SNPS
News
- Synopsys Announces Earnings Release Date For Second Quarter Fiscal Year 2024 [Yahoo! Finance]Yahoo! Finance
- Synopsys Announces Earnings Release Date For Second Quarter Fiscal Year 2024PR Newswire
- Synopsys Insiders Sold US$12m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- Hidden Tech Debt: The Importance Of Better Updates For Commercial Software [Forbes]Forbes
- Ansys to Release First Quarter 2024 Earnings on May 1, 2024 [Yahoo! Finance]Yahoo! Finance
SNPS
Earnings
- 2/21/24 - Beat
SNPS
Sec Filings
- 4/18/24 - Form EFFECT
- 4/17/24 - Form 424B3
- 4/12/24 - Form 8-K
- SNPS's page on the SEC website