Synopsys Inc. (SNPS) Soared To A New High After Q3 Profit Beat Expectations

Synopsys Inc. (SNPS) reported third quarter EPS of $0.76 after the close Wednesday, up from $0.63 in the prior year period. Analysts expected EPS of $0.74. The company expects to report fourth quarter EPS of $0.75 to $0.78 and between $3.00 and $3.03 for the full year. The consensus estimates are for EPS of $0.74 and $2.99.

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