Synopsys Posts Financial Results for First Quarter Fiscal Year 2020

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Go back to Synopsys Posts Financial Results for First Quarter Fiscal Year 2020

Synopsys (SNPS) PT Raised to $175 at Needham & Company

February 20, 2020 6:54 AM EST

Needham & Company analyst Richard Valera raised the price target on Synopsys (NASDAQ: SNPS) to $175.00 (from $150.00) while maintaining a Buy rating.

The analyst commented, "SNPS reported F1Q results that exceeded consensus, reaffirmed its F2020 guidance, and suggested its book-to-bill was positive for... More

Synopsys (SNPS) Tops Q1 EPS by 16c, Revenues Beat; Offers Q2 & FY20 EPS Mid-Point Guidance Below Consensus, Provides Q2 & FY20 Revenue Outlook

February 19, 2020 4:18 PM EST

Synopsys (NASDAQ: SNPS) reported Q1 EPS of $1.08, $0.16 better than the analyst estimate of $0.92. Revenue for the quarter came in at $834.4 million versus the consensus estimate of $821.61 million.

"Our first quarter was a strong start to fiscal year 2020. We delivered financial results at... More