Synopsis (SNPS) beats estimates for FQ1 earnings, offers optimistic guidance

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Synopsys Posts Financial Results for First Quarter Fiscal Year 2024

February 21, 2024 4:05 PM EST

Results Summary

Record quarterly revenue of $1.649 billion, up approximately 21% year over year.Quarterly GAAP earnings per diluted share of $2.89; non-GAAP earnings per diluted share of $3.56, which exceeded high end of guidance.

SUNNYVALE, Calif., Feb. 21, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq:... More