Synopsys Posts Financial Results for Second Quarter Fiscal Year 2018

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

May 23, 2018 4:07 PM EDT

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... More