Synopsys (NASDAQ:SNPS) reported fourth quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.15 on revenue of $851.1M. Analysts polled by anticipated EPS of $1.13 on revenue of $847.36M. That compared to EPS of $0.78 on revenue of $795.08M in the same period a year earlier. The company had reported EPS of $1.18 on revenue of $852.97M in the previous quarter.
Synopsys follows other major Technology sector earnings this month
On November 13, Cisco reported first quarter EPS of $0.84 on revenue of $13.16B, compared to forecasts of EPS of $0.81 on revenue of $13.08B.
Salesforce.com earnings beat analysts' expectations on Tuesday, with third quarter EPS of $0.75 on revenue of $4.51B. analysts expected EPS of $0.66 on revenue of $4.45B
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