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Kritika Sarmah

FOUND: Earnings preview what to expect from synopsys report | Mind Blowing Facts

Synopsys SNPs

California-based Synopsys, Inc. (SNPS) is a leading provider of electronic design automation (EDA) software for the semiconductor and electronics industries. It also offers a comprehensive suite of tools for chip design, including logic synthesis, functional verification, and physical design. Its market cap currently stands at $83.9 billion. Synopsys is scheduled to release its fiscal 2024 Q3 earnings results after the market closes on Wednesday, Aug. 21, 

Ahead of the event, analysts expect Synopsys to report a profit of $2.37 per share, up 9.2% from $2.17 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of the last four quarters. Its EPS of $2.14 for the last reported quarter surpassed the consensus estimate by 1.4%. 

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