Synopsys Posts Financial Results for First Quarter Fiscal Year 2019

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. META
6. TSLA
7. SMCI
8. RTX
9. S
10. COF

Go back to Synopsys Posts Financial Results for First Quarter Fiscal Year 2019

Synopsys (SNPS) PT Raised to $130 at RBC Capital Following 'Beat and Raise'

February 21, 2019 8:33 AM EST

RBC Capital analyst Mitch Steves raised the price target on Synopsys (NASDAQ: SNPS) to $130.00 (from $125.00) while maintaining a Top Pick rating.

Steves comments: "Synopsys reported a solid beat and raise quarter where the highlights were: 1) new disclosures on software integrity, 2) new 2020E CAPEX... More

Synopsys (SNPS) Tops Q1 EPS by 4c, Revenues Beat; Offers Q2 EPS Guidance Above Consensus, Q2 Revenue Mid-Point Outlook Above Consensus, Offers FY19 EPS/Revenue Views

February 20, 2019 4:20 PM EST

Synopsys (NASDAQ: SNPS) reported Q1 EPS of $1.01, $0.04 better than the analyst estimate of $0.97. Revenue for the quarter came in at $820.4 million versus the consensus estimate of $795.83 million.

"Our first quarter was a strong start to fiscal year 2019. We delivered excellent financial... More