Synopsys (SNPS) Tops Q1 EPS by 3c; Guides Higher

Synopsys (NASDAQ: SNPS) reported Q1 EPS of $2.40, $0.03 better than the analyst estimate of $2.37. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.27 billion.

GUIDANCE:

Synopsys sees Q2 2022 EPS of $2.35-$2.40, versus the consensus of $1.78. Synopsys sees Q2 2022 revenue of $1.24-1.27 billion, versus the consensus of $1.15 billion.

Synopsys sees FY2022 EPS of $7.85-$7.92, versus the consensus of $7.81. Synopsys sees FY2022 revenue of $4.775-4.825 billion, versus the consensus of $4.76 billion.

For earnings history and earnings-related data on Synopsys (SNPS) click here.

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