Synopsys (SNPS) Tops Q2 EPS by 2c, Offers Q3 & FY Guidance
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Synopsys Posts Financial Results for Second Quarter Fiscal Year 2016
May 18, 2016 4:05 PM EDTMOUNTAIN VIEW, Calif., May 18, 2016 /PRNewswire/ --Â Synopsys, Inc. (Nasdaq: SNPS) today reported results for its second quarter of fiscal year 2016.
For the second quarter of fiscal year 2016, Synopsys reported revenue of $605.0 million, compared to $557.2 million for the second quarter of fiscal 2015, an increase of 8.6 percent. Â
"Our second fiscal quarter results were very strong. Consequently, we are increasing our annual revenue and operating cash flow targets, as well as raising the midpoint of our non-GAAP earnings per share guidance range," said Aart de Geus, chairman and co-CEO of Synopsys. "In an... More

