Synopsys: Q1 Earnings Insights

Synopsys SNPS reported its Q1 earnings results on Wednesday, February 16, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Synopsys beat estimated earnings by 1.27%, reporting an EPS of $2.4 versus an estimate of $2.37.

Revenue was up $299.68 million from the same period last year.

Last quarter the company beat on EPS by $0.04, which was followed by a 4.46% increase in the share price the next day.

Here's a look at Synopsys's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.78	1.78	1.52	1.47
EPS Actual	1.82	1.81	1.70	1.52
Revenue Estimate	1.15B	1.05B	988.70M	958.78M
Revenue Actual	1.15B	1.06B	1.02B	970.32M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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