Synopsys (SNPS) Tops Q4 EPS View by 2c; Guides Q1, FY11

December 1, 2010 4:13 PM EST Send to a Friend
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Synopsys, Inc. (Nasdaq: SNPS) reports Q4 EPS of $0.39, ex-items, 2 cents better than the analyst estimate of $0.37. Revenue for the quarter was $375.5 million, which compares to the estimate of $355.58 million.

Sees Q1 sales of $360-$368 million, vs. the consensus of $363 million. Sees adj-EPS of 38-41c, vs. the consensus of 41c.

Sees FY11 adj-EPS of $1.67-$1.77, vs. the consensus of $1.75, on sales of $1.5-$1.525 billion, which compares to the Street estimate of $1.47 billion.


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