Investing.com - Synopsys reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Synopsys announced earnings per share of $1.7 on revenue of $1.02B. Analysts polled by Investing.com EPS of $1.53 on revenue of $988.97M.
Synopsys 's are down 8.55% and is trading at $237.07 , still down 21.18% from its 52 week high of $300.77 set on Tuesday, February 16, 2021.
Synopsys follows other major Technology sector earnings this month
Synopsys's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of $1.4 on revenue of $89.58B, EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of $1.95 on revenue of $41.71B, for EPS of $1.78 on revenue of $41.04B.
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