© Reuters. Synopsys Earnings, Revenue Beat in Q3Investing.com - Synopsys (NASDAQ:SNPS) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.18 on revenue of $853M. Analysts polled by Investing.com forecast EPS of $1.1 on revenue of $831.03M. That compared to EPS of $0.95 on revenue of $779.71M in the same period a year earlier. The company had reported EPS of $1.16 on revenue of $836.24M in the previous quarter.
Synopsys shares gained 2.78% to trade at $135.50 in after-hours trade following the report.
Synopsys follows other major Technology sector earnings this month
On July 30, Apple reported third quarter EPS of $2.18 on revenue of $53.81B, compared to forecasts of EPS of $2.09 on revenue of $53.32B.
Alphabet C earnings beat analysts' expectations on July 25, with second quarter EPS of $14.21 on revenue of $38.94B. Investing.com analysts expected EPS of $11.1 on revenue of $38.15B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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