Synopsys earnings beat by $0.13, revenue topped estimates

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Synopsys earnings beat by $0.13, revenue topped estimates
Credit: © Reuters.

Investing.com - Synopsys (NASDAQ: SNPS ) reported fourth quarter EPS of $3.17, $0.13 better than the analyst estimate of $3.04. Revenue for the quarter came in at $1.6B versus the consensus estimate of $1.58B.

Guidance

Synopsys sees Q1 2024 EPS of $3.40-$3.45 versus the analyst consensus of $3.05.

Synopsys sees Q1 2024 revenue of $1.63B-$1.66B versus the analyst consensus of $1.58B.

Synopsys sees FY 2024 EPS of $13.33-$13.41 versus the analyst consensus of $11.10.

Synopsys sees FY 2024 revenue of $6.57B-$6.63B versus the analyst consensus of $5.83B.

Synopsys's stock price closed at $552.46. It is up 19.98% in the last 3 months and up 62.71% in the last 12 months.

Synopsys saw 10 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Synopsys's stock price’s past reactions to earnings here.

According to InvestingPro, Synopsys's Financial Health score is "great performance".

Check out Synopsys's recent earnings performance , and Synopsys's financials here.

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

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