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Technology | Semiconductor Equipment & Materials | USA

Synopsys Stock Jumps On Quarterly Earnings Beat

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The Mountain View, Calif.-based company earned an adjusted $1.18 a share on sales of $853 million in the quarter ended July 31. Analysts expected Synopsys earnings of $1.10 a share on sales of $830 million, according to Zacks Investment Research. In the year-earlier period, Synopsys earned 95 cents a share on sales of $780 million.

Synopsys stock jumped 5% in after-hours trading on the stock market today. During the regular session, SNPS stock rose 1.5% to 131.84.


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https://www.investors.com/news/technolog...yptr=yahoo

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