Investing.com - Synopsys (NASDAQ:SNPS) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.16 on revenue of $836.24M. Analysts polled by Investing.com expected EPS of $1.09 on revenue of $829.33M. That compared to EPS of $1.08 on revenue of $776.84M in the same period a year earlier. The company had reported EPS of $1.08 on revenue of $820.4M in the previous quarter.
Synopsys follows other major Technology sector earnings this month
On May 8, EchoStar reported first quarter EPS of $0.08 on revenue of $531.08M, compared to forecasts of EPS of $0.1 on revenue of $528.1M.
Microsoft earnings beat analysts' expectations on April 24, with third quarter EPS of $1.14 on revenue of $30.57B. Investing.com analysts expected EPS of $1 on revenue of $29.88B
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