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

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Synopsys Posts Financial Results for First Quarter Fiscal Year 2019

February 20, 2019 4:05 PM EST

MOUNTAIN VIEW, Calif., Feb. 20, 2019 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its first quarter of fiscal year 2019. Revenue for the first quarter of fiscal 2019 was $820.4 million, compared to $769.4 million for the first quarter of fiscal 2018, an increase of approximately 6.6 percent.

"Our first quarter was a strong start to fiscal year 2019. We delivered excellent financial results and are reaffirming our outlook... More