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Synopsys announced earnings per share of $2.4 on revenue of $1.27B. Analysts polled by Investing.com anticipated EPS of $2.38 on revenue of $1.27B.
Synopsys shares are down 16.75% from the beginning of the year, still down 18.75% from its 52 week high of $377.60 set on December 28, 2021. They are under-performing the Nasdaq which is down 9.72% from the start of the year.
Synopsys shares gained 0.39% in after-hours trade following the report.
Synopsys’s report follows an earnings beat by Apple on January 27, who reported EPS of $2.1 on revenue of $123.95B, compared to forecasts EPS of $1.9 on revenue of $119B.
Microsoft had beat expectations on January 25 with second quarter EPS of $2.48 on revenue of $51.73B, compared to forecast for EPS of $2.32 on revenue of $50.74B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
