Synopsis Stock Climbs After Q4 Earnings: Here's Why

Synopsys, Inc. (NASDAQ:SNPS) stock climbed in Wednesday's extended trading after the company released its fourth-quarter earnings report, beating expectations on the top and bottom lines. Here's a look at the details in the report. SNPS stock is moving. Watch the price action here.The Details: Synopsys reported quarterly earnings of $2.90 per share, which beat the Street of $2.78.Quarterly revenue came in at $2.26 billion, which beat the analyst estimate of $2.25 billion.Read Next: Looking For A Squeeze? To ...