1 month ago
Stock Market

Synopsys Earnings, Revenue beat in Q1

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

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

The firm reported earnings per share of $1.08 on revenue of $820.4M. Analysts polled by Investing.com expected EPS of $0.97 on revenue of $795.83M. That compared to EPS of $1.1 on revenue of $769.43M in the same period a year earlier. The company had reported EPS of $0.78 on revenue of $795.08M in the previous quarter.

Synopsys follows other major Technology sector earnings this month


On January 30, Microsoft reported second quarter EPS of $1.1 on revenue of $32.47B, compared to forecasts of EPS of $1.09 on revenue of $32.47B.

Apple earnings beat analyst's expectations on January 29, with first quarter EPS of $4.18 on revenue of $84.31B. Investing.com analysts expected EPS of $4.17 on revenue of $83.97B

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