Synopsys Reports Third-Quarter Revenue of $2.48 Billion, Up 42% Year-Over-Year
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Synopsys released its financial results for the third quarter, reporting revenue of $2.48 billion, a 42% increase year-over-year. Adjusted earnings per share were $3.91, up from $3.39 in the same period last year. The company expects fourth-quarter revenue to be between $2.53 billion and $2.58 billion, compared to the market consensus of $2.55 billion. Adjusted earnings per share are projected to be between $4.10 and $4.16, versus market expectations of $4.00.

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