Synopsys, Inc. (SNPS) Tops Q2 EPS by 5c, Updates Guidance

Synopsys, Inc. (NASDAQ: SNPS) reported Q2 EPS of $0.65, $0.05 better than the analyst estimate of $0.60. Revenue for the quarter came in at $517.7 million versus the consensus estimate of $512.15 million.

Synopsys, Inc. sees FY2014 EPS of $2.45-$2.50, versus prior guidance of $2.55-$2.6 and the consensus of $2.48. Synopsys, Inc. sees FY2014 revenue of $2.05-2.075 billion, versus prior guidance of $2.03-2.07 billion and the consensus of $2.07 billion.

Synopsys, Inc. sees Q3 2014 EPS of $0.60-$0.62, versus the consensus of $0.61. Synopsys, Inc. sees Q3 2014 revenue of $515-525 million, versus the consensus of $525.3 million.

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

You May Also Be Interested In

• SanDisk and Micron surge as Apple confirms memory price pass-through
• Goldman starts Talen at buy, sees PJM power tightness boosting earnings
• Wall Street scrambles to lift Micron price targets ahead of earnings