Synopsys (SNPS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
SNPSSynopsys(SNPS) ZACKS·2024-08-22 06:30

Synopsys (SNPS) reported 1.53billioninrevenueforthequarterendedJuly2024,representingayearoveryearincreaseof2.61.53 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 2.6%. EPS of 3.43 for the same period compares to 2.88ayearago.Thereportedrevenuerepresentsasurpriseof+0.042.88 a year ago.The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of 1.53 billion. With the consensus EPS estimate being $3.28, the EPS surprise was +4.57%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...