Synopsys Raises Full-Year Earnings Guidance
Feb 21, 2024 By MarketDepth
Synopsys (SNPS:NASD) posted first-quarter adjusted earnings per share which came in at $3.56 compared to estimates of $3.43. Revenue came in at $1.65 billion which was in-line with estimates. Based on strong revenue the company raised full year earnings per share to $13.47 to $13.55.
Synopsys shares have added 6.4% since the beginning of the year. The company is up 4% after market.
