Categories AlphaGraphs, Earnings, Technology

Infographic: Highlights of Synopsys (SNPS) Q2 2020 Earnings Report

Technology company Synopsys, Inc. (NASDAQ: SNPS) reported an increase in profit for the second quarter of 2020. Earnings also came in above the market’s prediction, driving the company’s stock higher on Wednesday evening.

Synopsys Q2 2020 Earnings Infographic

Second-quarter earnings, excluding special items, rose to $1.22 per share from $1.16 per share last year and topped the Street view. Net income was $109.9 million or $0.71 per share, compared to $118.2 million or $0.77 per share in the second quarter of 2019.

Total revenues rose to $861.3 million from $836.2 million a year earlier and surpassed analysts’ forecast by a wide margin.

Shares of Synopsis closed Wednesday’s regular trading higher and continued to gain during the after-hours session, following the announcement.

Most Popular

Here’s a look at Dollar Tree’s (DLTR) expectations for the remainder of the year

Shares of Dollar Tree Inc. (NASDAQ: DLTR) were down over 1% on Wednesday, a day after the company reported earnings results for the third quarter of 2022. Revenue and earnings

Target Corporation (TGT): A look at how the retail giant is shaping up against an inflationary backdrop

Shares of Target Corporation (NYSE: TGT) were up over 1% on Wednesday. The stock has dropped 30% year-to-date and 35% over the past 12 months. Last week the company reported

Is Zoom Video Communications (ZM) a good investment after Q3 earnings?

Zoom Video Communications (NASDAQ: ZM) expanded its customer base at an accelerated pace during the COVID crisis and soon became the preferred video conferencing platform for businesses and millions of

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top