Synopsys Posts Financial Results for First Quarter Fiscal Year 2017

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Go back to Synopsys Posts Financial Results for First Quarter Fiscal Year 2017

Synopsys (SNPS) PT Raised to $77 at RBC Capital Following Full Year Guidance Raise

February 16, 2017 7:46 AM EST

RBC Capital Markets analyst Mitch Stevens reiterates Outperform rating and raises price target on Synopsys Inc. (NASDAQ: SPNS) to $77 (from $66), suggesting investments are paying off and margin growth continues, as the company reported results ahead of expectations.

Stevens comments, "Synopsys reported a... More

Synopsys (SNPS) PT Raised to $76 at Needham & Company on Strong F1Q17 Results / F2Q17 Guidance

February 16, 2017 5:59 AM EST

Needham & Company analyst Richard Valera reiterates Buy rating and raises price target on Synopsys Inc. (NASDAQ: SNPS) to $76 (from $66), as the company reported 2017 fiscal first quarter EPS and revenues well above consensus, while offering strong fiscal second quarter guidance.

Valera notes, "SNPS... More

Synopsys (SNPS) Tops Q1 EPS by 16c; Guides Above Views

February 15, 2017 4:12 PM EST

Synopsys (NASDAQ: SNPS) reported Q1 EPS of $0.94, $0.16 better than the analyst estimate of $0.78. Revenue for the quarter came in at $652.8 million versus the consensus estimate of $637.73 million.

GUIDANCE:

Synopsys sees Q2 2017 EPS of $0.85-$0.88, versus the consensus of $0.77. Synopsys sees Q2... More