Synopsys Reports Strong Q2 Earnings but Stock Declines
Synopsys Stock Slips Despite Q2 Earnings Beat

Image: Benzinga
Synopsys Inc. reported Q2 earnings of $3.35 per share, exceeding estimates of $3.15, with revenues of $2.28 billion. Despite strong performance and raised fiscal guidance, the stock fell 2.45% to $513 in after-hours trading.
- 01Synopsys Q2 earnings of $3.35 per share surpassed the expected $3.15.
- 02Quarterly revenue reached $2.28 billion, exceeding the consensus estimate of $2.25 billion and up from $1.6 billion year-over-year.
- 03CEO Sassine Ghazi highlighted that AI is driving semiconductor demand and complexity in chip architecture.
- 04The company raised its fiscal 2026 EPS guidance to a range of $14.72 to $14.80, above the analyst estimate of $14.45.
- 05Revenue outlook for fiscal 2026 was increased to between $9.63 billion and $9.71 billion.
Advertisement
In-Article Ad
Synopsys Inc. (NASDAQ:SNPS) announced its second-quarter earnings on Wednesday, reporting a profit of $3.35 per share, which exceeded analysts' expectations of $3.15. The company's revenue for the quarter was $2.28 billion, surpassing the consensus estimate of $2.25 billion and showing significant growth from $1.6 billion in the same quarter last year. CEO Sassine Ghazi noted the strong performance was driven by increased demand for semiconductors, particularly due to advancements in artificial intelligence, which are contributing to the complexity of chip designs. Looking ahead, Synopsys raised its fiscal 2026 earnings per share guidance to a range of $14.72 to $14.80, compared to the previous estimate of $14.45. Additionally, the revenue forecast for the same period was adjusted to between $9.63 billion and $9.71 billion. However, despite these positive results and outlook, Synopsys stock fell by 2.45% to $513 in after-hours trading, reflecting market reactions to broader trends or investor sentiments beyond the earnings report.
Advertisement
In-Article Ad
Advertisement
In-Article Ad
Reader Poll
How do you view Synopsys' stock performance after the earnings report?
Connecting to poll...
More about Synopsys Inc.
Read the original article
Visit the source for the complete story.



