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Chip Design Software Firm Synopsys Trounces Fiscal Second-Quarter Targets

Investors2021-05-20

Chip design software maker Synopsys late Wednesday trounced Wall Street's targets for its fiscal second quarter. SNPS stock rose in extended trading.

The Mountain View, Calif.-based company earned an adjusted $1.70 a share on sales of $1.02 billion in the quarter ended April 30. Analysts expected Synopsys earnings of $1.52 a share on sales of $988.7 million. In the year-earlier period, Synopsys earned an adjusted $1.22 a share on sales of $861.3 million.

In after-hours trading on the stock market today, SNPS stock advanced 2%, near 242. During the regular session Wednesday, SNPS stock rose 1% to 237.36.

SNPS stock has been consolidating for the past 14 weeks with a buy point of 301.01, according to IBD MarketSmith charts.

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评论8

  • peterpak
    ·2021-05-20
    Good for a long position maybe ? Like and comment !
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  • orrox
    ·2021-05-20
    Comments
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  • BruceLKH
    ·2021-05-20
    Can they meet the physical demand after the ram up? 
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  • 虎火
    ·2021-05-20
    Any comments 
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    收起
    • MeHu
      No comments. [Grin]
      2021-05-20
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    • 虎火
      Please reply back. Thanks
      2021-05-20
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    • MeHu回复虎火
      Ok
      2021-05-20
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    查看更多 2 条评论
  • 5793b21a
    ·2021-05-20
    Wow
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    • zhangming
      good luck!
      2021-05-20
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  • Ahjussi
    ·2021-05-20
    Like and comment pls
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    • aibee
      done
      2021-05-20
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    • Ahjussi
      thanks
      2021-05-20
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    • Tslverde
      Chip shortage?
      2021-05-20
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  • S土豪熊貓G
    ·2021-05-20
    Pls comments. thanks 
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    • NicOoi
      [微笑]
      2021-05-20
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    • Tslverde
      Good. comment
      2021-05-20
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    • S土豪熊貓G
      OkaY thanks
      2021-05-20
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    查看更多 1 条评论
  • lizzy04
    ·2021-05-20
    Wow... to the moon?
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    • Alexngo
      To mars
      2021-05-20
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    • Jeffso
      Good....thanks
      2021-05-20
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