Synopsys (SNPS) Tops Q2 Earnings and Revenue Estimates

Synopsys (SNPS) came out with quarterly earnings of $3.67 per share, beating the Zacks Consensus Estimate of$ 3.39 per share. This compares to earnings of $3 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.26%. A quarter ago, it was expected that this maker of software used to test and develop chips would post earnings of$ 2.81 per share when it actually produced earnings of $3.03, delivering a surprise of 7.83%.Over the las ...