Synopsys (SNPS) Tops Q1 EPS by 10c; Guides Above the Street
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Synopsys Posts Financial Results for First Quarter Fiscal Year 2018
February 21, 2018 4:05 PM ESTMOUNTAIN VIEW, Calif., Feb. 21, 2018 /PRNewswire/ --
Q1 2018 Financial Highlights
Revenue: $769.4 million GAAP loss per share: $0.02 Non-GAAP earnings per share: $1.10Synopsys, Inc. (Nasdaq: SNPS) today reported results for its first quarter of fiscal year 2018.
For the first quarter of fiscal 2018, Synopsys reported revenue of $769.4 million, compared to $652.8 million for the first quarter of fiscal 2017, an increase of approximately 17.9 percent. Fiscal 2018 results include a favorable impact of one additional week compared to fiscal 2017, which occurred in our first fiscal quarter.
"We... More
