Synopsys (SNPS) Tops Q1 EPS by 10c; Guides Above the Street

Synopsys (NASDAQ: SNPS) reported Q1 EPS of $1.10, $0.10 better than the analyst estimate of $1.00. Revenue for the quarter came in at $769.4 million versus the consensus estimate of $751.19 million.

GUIDANCE:

Synopsys sees Q2 2018 EPS of $1.06-$1.10, versus the consensus of $0.84. Synopsys sees Q2 2018 revenue of $765-790 million, versus the consensus of $715.23 million.

Synopsys sees FY2018 EPS of $3.67-$3.74, versus the consensus of $3.50. Synopsys sees FY2018 revenue of $2.92-2.95 billion, versus the consensus of $2.9 billion.

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

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