Synopsys (SNPS) Tops Q3 EPS by 3c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus
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Synopsys Posts Financial Results for Third Quarter Fiscal Year 2018
August 22, 2018 4:05 PM EDTMOUNTAIN VIEW, Calif., Aug. 22, 2018 /PRNewswire/ --Â Synopsys, Inc. (Nasdaq: SNPS) today reported results for its third quarter of fiscal year 2018. Revenue was $779.7 million, compared to $695.4 million for the third quarter of fiscal year 2017, an increase of 12.1 percent. Â
"Synopsys delivered another outstanding quarter and is raising revenue and non-GAAP earnings per share guidance for the year. The age of digital intelligence is driving significant investments by traditional and new semiconductor and systems companies, as well as software developers across many industries. Our strategic investments over the past several years are... More
