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.

Earnings

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.

Past Earnings Performance

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:

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