Synopsys (SNPS) Q2 Earnings and Revenues Lag Estimates

Synopsys (SNPS) came out with quarterly earnings of $3 per share, missing the Zacks Consensus Estimate of $3.03 per share. This compares to earnings of $2.54 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -0.99%. A quarter ago, it was expected that this maker of software used to test and develop chips would post earnings of $3.43 per share when it actually produced earnings of $3.56, delivering a surprise of 3.79%. Over the ...