Synopsys (SNPS) Tops Q2 EPS by 8c, Offers Guidance

Synopsys (NASDAQ: SNPS) reported Q2 EPS of $2.54, $0.08 better than the analyst estimate of $2.46. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.38 billion.

GUIDANCE:

Synopsys sees Q3 2023 EPS of $2.70-$2.75, versus the consensus of $2.70. Synopsys sees Q3 2023 revenue of $1.465-1.495 billion, versus the consensus of $4.8 billion.

Synopsys sees FY2023 EPS of $10.77-$10.84, versus the consensus of $10.58. Synopsys sees FY2023 revenue of $5.79-5.83 billion, versus the consensus of $5.8 billion.

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

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