Synopsys Q4 results top estimates amid AI-led demand boost
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Price: $410.91 -0.19%
EPS Growth %: +8.3%
Financial Fact:
Total cost of revenue: 142.21M
Today's EPS Names:
WPRT, ITRG, ALM, More
EPS Growth %: +8.3%
Financial Fact:
Total cost of revenue: 142.21M
Today's EPS Names:
WPRT, ITRG, ALM, More
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Investing.com -- Synopsys reported Wednesday better-than-expected fourth-quarter results as the chip designer benefited from the wave of AI-led semiconductor demand.
Synopsys Inc (NASDAQ: SNPS) shares gained more than 1% in after-hours trade following the report.
Synopsys reported adjusted EPS of $3.17 on revenue of $1.59B. Analysts polled by Investing.com anticipated EPS of $3.04 on revenue of $1.58B.
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