Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2018

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Go back to Synopsys Posts Financial Results for Fourth Quarter and Fiscal Year 2018

Synopsys (SNPS) PT Raised to $115 at Needham & Company

December 6, 2018 8:53 AM EST

Needham & Company analyst Richard Valera raised the price target on Synopsys (NASDAQ: SNPS) to $115.00 (from $105.00) while maintaining a Buy rating.

The analyst commented, "SNPS reported solid 4Q results and initial F19 guidance in line with prior consensus despite headwinds from 606 and a... More

Synopsys (SNPS) Reports In-Line Q4 EPS; Issues Solid Outlook

December 5, 2018 4:31 PM EST

Synopsys (NASDAQ: SNPS) reported Q4 EPS of $0.78, in-line with the analyst estimate of $0.78. Revenue for the quarter came in at $795.1 million versus the consensus estimate of $791.5 million.

GUIDANCE:

Synopsys sees Q1 2019 EPS of $0.95-$1.00, versus the consensus of $0.99. Synopsys sees Q1... More