Synopsys Earnings, Revenue Beat in Q4

Investing.com

Wed, Dec 4, 2019, 11:08 AM

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Investing.com - Synopsys (NASDAQ:SNPS) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $1.15 on revenue of $851.1M. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $847.36M. That compared to EPS of $0.78 on revenue of $795.08M in the same period a year earlier. The company had reported EPS of $1.18 on revenue of $852.97M in the previous quarter.

Synopsys follows other major Technology sector earnings this month

On November 13, Cisco reported first quarter EPS of $0.84 on revenue of $13.16B, compared to forecasts of EPS of $0.81 on revenue of $13.08B.

Salesforce.com earnings beat analysts' expectations on Tuesday, with third quarter EPS of $0.75 on revenue of $4.51B. Investing.com analysts expected EPS of $0.66 on revenue of $4.45B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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Synopsys Earnings, Revenue Beat in Q4

Synopsys follows other major Technology sector earnings this month

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