Synopsys (SNPS) Surpasses Q4 Earnings and Revenue Estimates

Synopsys (SNPS) came out with quarterly earnings of $2.9 per share, beating the Zacks Consensus Estimate of $2.79 per share. This compares to earnings of $3.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.94%. A quarter ago, it was expected that this maker of software used to test and develop chips would post earnings of $3.84 per share when it actually produced earnings of $3.39, delivering a surprise of -11.72%.Over the ...