Synopsys (SNPS) Q4 Earnings and Revenues Top Estimates

Synopsys (SNPS) came out with quarterly earnings of $3.40 per share, beating the Zacks Consensus Estimate of $3.29 per share. This compares to earnings of $3.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.34%. A quarter ago, it was expected that this maker of software used to test and develop chips would post earnings of $3.28 per share when it actually produced earnings of $3.43, delivering a surprise of 4.57%.Over the ...