Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2016
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Needham & Company Raises Price Target on Synopsys (SNPS) Following 4Q
December 1, 2016 7:18 AM ESTNeedham & Company reiterated a Buy rating on Synopsys (NASDAQ: SNPS), and raised the price target to $66.00 (from $60.00), following the company's 4Q earnings report. Results, including revenue of $633.7MM and NG EPS of $0.77, exceeded consensus of $628.4MM and $0.75, respectively. SNPS provided initial F17 guidance... More
Synopsys (SNPS) Reports In-Line Q4 EPS
November 30, 2016 4:07 PM ESTSynopsys (NASDAQ: SNPS) reported Q4 EPS of $0.77, in-line with the analyst estimate of $0.77. Revenue for the quarter came in at $633.7 million versus the consensus estimate of $628.41 million.
GUIDANCE:
Synopsys sees Q1 2017 EPS of $0.77-$0.80, versus the consensus of $0.76. Synopsys sees Q1... More
