Investing.com - Synopsys (NASDAQ: SNPS) reported second quarter EPS of $2.54, $0.08 better than the analyst estimate of $2.46. Revenue for the quarter came in at $1.4B versus the consensus estimate of $1.38B.
Guidance
Synopsys sees Q3 2023 EPS of $2.70-$2.75 versus the analyst consensus of $2.70.
Synopsys sees Q3 2023 revenue of $1.47B-$1.50B versus the analyst consensus of $4.80B.
Synopsys sees FY 2023 EPS of $10.77-$10.84 versus the analyst consensus of $10.58.
Synopsys sees FY 2023 revenue of $5.79B-$5.83B versus the analyst consensus of $5.80B.
Synopsys's stock price closed at $377.08. It is up 6.38% in the last 3 months and up 38.34% in the last 12 months.
Synopsys saw 2 positive EPS revisions and 8 negative EPS revisions in the last 90 days. See Synopsys's stock price’s past reactions to earnings here.
According to InvestingPro, Synopsys's Financial Health score is "great performance".
Check out Synopsys's recent earnings performance, and Synopsys's financials here.
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