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Barchart
Barchart
Aditya Sarawgi

UNCOVERED: What you need to know ahead of synopsys earnings release - Caught on Camera

Synopsys SNPs

Valued at more than $95.4 billion by market cap, Sunnyvale, California-based Synopsys, Inc. (SNPS) operates as a vendor of electronic design automation (EDA) software to the semiconductor and electronics industries. The tech giant is expected to announce its third-quarter results on Wednesday, Aug. 20.

Ahead of the event, analysts expect SNPS to report an adjusted EPS of $2.76, marking an 8.7% increase from $2.54 reported in the year-ago quarter. Moreover, the company has a solid earnings surprise history and has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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