Synopsys Posts Financial Results for Third Quarter Fiscal Year 2018

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Synopsys (SNPS) PT Raised to $125 at RBC Capital

August 23, 2018 6:39 AM EDT

RBC Capital analyst Mitch Steves raised the price target on Synopsys (NASDAQ: SNPS) to $125.00 (from $124.00) while maintaining a Top Pick rating following 'beat and raise' with positive long-term margin commentary.

In addition, the company reiterated its 20% growth rate for software integrity... More

Synopsys (SNPS) Tops Q3 EPS by 3c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

August 22, 2018 4:06 PM EDT

Synopsys (NASDAQ: SNPS) reported Q3 EPS of $0.95, $0.03 better than the analyst estimate of $0.92. Revenue for the quarter came in at $779.7 million versus the consensus estimate of $773.61 million.

"Synopsys delivered another outstanding quarter and is raising revenue and non-GAAP earnings per share... More