Synopsys Reports Fourth Quarter Results

Investing.com – Synopsys (NASDAQ: SNPS) reported fourth quarter EPS of $3.40, exceeding analyst estimates of $3.30 by $0.10. Revenue for the quarter was $1.64B, slightly above the consensus estimate of $1.63B.

Synopsys's stock closed at $588.00, reflecting an increase of 26.73% over the last 3 months and 9.76% over the last year.

In the past 90 days, Synopsys experienced 9 positive EPS revisions and 1 negative revision. For insights on Synopsys's stock price reactions to earnings, click here.

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

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