Synopsys (SNPS) Reports In-Line Q2 EPS; Issues Solid Guidance

Synopsys (NASDAQ: SNPS) reported Q2 EPS of $1.08, in-line with the analyst estimate of $1.08. Revenue for the quarter came in at $776.8 million versus the consensus estimate of $775.6 million.

GUIDANCE:

Synopsys sees Q3 2018 EPS of $0.89-$0.93, versus the consensus of $0.78. Synopsys sees Q3 2018 revenue of $760-785 million, versus the consensus of $700.6 million.

Synopsys sees FY2018 EPS of $3.76-$3.83, versus the consensus of $3.72. Synopsys sees FY2018 revenue of $3.07-3.1 billion, versus the consensus of $2.94 billion.

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

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