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

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

Synopsys Posts Financial Results for Second Quarter Fiscal Year 2018

May 23, 2018 4:05 PM EDT

MOUNTAIN VIEW, Calif., May 23, 2018 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its second quarter of fiscal year 2018. Revenue came in at $776.8 million, compared to $680.1 million for the second quarter of fiscal 2017, an increase of approximately 14.2 percent.

"Synopsys is hitting on all cylinders. We had an excellent fiscal second quarter, with strength across all geographies and product groups, and are raising our revenue and non-GAAP earnings per share guidance for the year. We also continued to return capital to shareholders through our previously announced accelerated share... More