Synopsys (SNPS) to Report Q2 Earnings: What's in the Offing?

Synopsys, Inc. (SNPS) is slated to report second-quarter fiscal 2024 results on May 22 after market close. The company anticipates revenues between $1.56 billion and $1.59 billion for the fiscal second quarter. The Zacks Consensus Estimate is pegged at $1.51 billion, which suggests growth of 8.4% from the year-ago period's reported figure. Synopsys' strategic partnerships with industry leaders such as Microsoft and Taiwan Semiconductor Manufacturing Company are likely to have enhanced the deployment of its ...