Synopsys (SNPS) Tops Q3 EPS by 2c

Synopsys (NASDAQ: SNPS) reported Q3 EPS of $0.76, $0.02 better than the analyst estimate of $0.74. Revenue for the quarter came in at $615.2 million versus the consensus estimate of $602.89 million.

GUIDANCE:

Synopsys sees Q4 2016 EPS of $0.75-$0.78, versus the consensus of $0.75. Synopsys sees Q4 2016 revenue of $651-636 million, versus the consensus of $608.0 million.

Synopsys sees FY2016 EPS of $3.00-$3.03, versus the consensus of $2.99. Synopsys sees FY2016 revenue of $2.41-2.425 billion, versus the consensus of $2.38 billion.

For earnings history and earnings-related data on Synopsys (SNPS) click here.

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