Synopsys Posts Financial Results for First Quarter Fiscal Year 2019
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Synopsys (SNPS) PT Raised to $130 at RBC Capital Following 'Beat and Raise'
February 21, 2019 8:33 AM ESTRBC Capital analyst Mitch Steves raised the price target on Synopsys (NASDAQ: SNPS) to $130.00 (from $125.00) while maintaining a Top Pick rating.
Steves comments: "Synopsys reported a solid beat and raise quarter where the highlights were: 1) new disclosures on software integrity, 2) new 2020E CAPEX... More
Synopsys (SNPS) Tops Q1 EPS by 4c, Revenues Beat; Offers Q2 EPS Guidance Above Consensus, Q2 Revenue Mid-Point Outlook Above Consensus, Offers FY19 EPS/Revenue Views
February 20, 2019 4:20 PM ESTSynopsys (NASDAQ: SNPS) reported Q1 EPS of $1.01, $0.04 better than the analyst estimate of $0.97. Revenue for the quarter came in at $820.4 million versus the consensus estimate of $795.83 million.
"Our first quarter was a strong start to fiscal year 2019. We delivered excellent financial... More
