SNPS - Synopsys Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
Synopsys, Inc. (NASDAQ:SNPS) is set to release earnings results for its second quarter, after the closing bell on Wednesday.
Analysts expect the Sunnyvale, California-based company to report quarterly earnings at $3.05 per share, up from $2.54 per share in the year-ago period. Synopsys is expected to post revenue of $1.51 billion, according to data from Benzinga Pro.
On May 6, Synopsys entered into a definitive agreement with Clearlake Capital Group, L.P. and Francisco Partners, two global private equity firms, to sell its Software Integrity Group business.
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