STOXPO
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
STOXPO
No Result
View All Result
Home Companies Large-Cap
code-4

Synopsys Beats Expectations in Q1 Financial Report

byLiliana Vida
February 22, 2024
in Large-Cap, Software
Reading Time: 1 min read
Share on TwitterShare on LinkedIn

Synopsys, Inc. unveiled its first-quarter financial results after Wednesday’s market closure, showcasing impressive performance across key metrics.

The company reported quarterly earnings of $3.56 per share, surpassing the analyst consensus estimate of $3.43 by 3.79%. Quarterly sales amounted to $1.65 billion, aligning with analyst expectations and reflecting a notable 21.16% increase compared to the same period last year.

Sassine Ghazi, CEO of Synopsys, expressed satisfaction with the strong start to the year, emphasizing the company’s robust execution and the pivotal role of AI in driving customer investments.

Ghazi highlighted the significance of Synopsys’ technology and strategic approach, particularly in navigating the complexities of modern design processes. With mounting design challenges, technology R&D teams rely on Synopsys’ comprehensive portfolio of semiconductor IP and cutting-edge design solutions.

Looking ahead, Synopsys anticipates second-quarter adjusted earnings between $3.09 and $3.14 per share, surpassing the $3.01 estimate. Revenue for the second quarter is projected to range between $1.56 billion and $1.59 billion, exceeding the $1.55 billion estimate.

For the full year 2024, Synopsys forecasts adjusted earnings per share in the range of $13.47 to $13.55, surpassing the $13.42 estimate. Revenue for the fiscal year is expected to be between $6.57 billion and $6.63 billion, slightly below the $6.62 billion estimate.

Previous Post

Dutch Bros Exceeds Expectations in Q4 Financial Report

Next Post

AbbVie Plans $13 Billion Bond Sale for Acquisitions

Related Posts

trading-chart-2

Qualcomm Posts Strong Q3 Results, Fueled by Automotive and IoT Growth

byLuca Blaumann
July 30, 2025
0

Record Automotive Revenue and $3.8 Billion Returned to Shareholders Highlight Robust Quarter Qualcomm (QCOM) delivered solid third-quarter fiscal 2025 results,...

Palo Alto Networks Eyes $20B Deal for CyberArk

byLuca Blaumann
July 29, 2025
0

Potential Acquisition Could Reshape the Cybersecurity Landscape Palo Alto Networks (PANW) is reportedly in advanced discussions to acquire CyberArk Software...

trading-chart

AMD and Amazon: Two Titans Poised for Explosive Growth

byLuca Blaumann
July 28, 2025
0

Why Investors Are Doubling Down on These Market Leaders in AI and Cloud Computing Advanced Micro Devices (AMD) and Amazon...

Next Post
drugs-4

AbbVie Plans $13 Billion Bond Sale for Acquisitions

Latest News

Qualcomm Posts Strong Q3 Results, Fueled by Automotive and IoT Growth

Palo Alto Networks Eyes $20B Deal for CyberArk

AMD and Amazon: Two Titans Poised for Explosive Growth

FCC Approves $8B Paramount-Skydance Merger Amid Political Controversy

FAA Keeps Boeing 737 MAX Production Cap in Place Amid Ongoing Oversight

Based on Your Interest

Large-Cap

Intel Beats on Revenue, Misses on Earnings; Cuts Workforce by 15%

July 24, 2025
trading-chart-2
Brokerages

Accelerant Soars in NYSE Debut, Valued at $6.4 Billion

July 24, 2025
investing
Distributor

GoPro and Krispy Kreme Surge as Meme Stock Frenzy Reignites

July 23, 2025

Recommended

Electrical Equipment

GE Vernova Soars to Record High on Raised Cash Flow Outlook

July 23, 2025
Auto Manufacturers

Earnings Season Surprises: Coca-Cola Delivers, GM Struggles Under Tariff Pressure

July 22, 2025
Entertainment

Trump Media Stock Rises After $2 Billion Bitcoin Bet

July 21, 2025
Biotechnology

ProMIS Neurosciences Soars 160% After FDA Fast Track Designation for Alzheimer’s Drug

July 21, 2025
Bitcoin

Michael Saylor’s Strategy Now Holds Over 3% of All Bitcoin Ever Minted

July 21, 2025
Stoxpo

Follow us on social media:

Highlights

  • Qualcomm Posts Strong Q3 Results, Fueled by Automotive and IoT Growth
  • Palo Alto Networks Eyes $20B Deal for CyberArk
  • AMD and Amazon: Two Titans Poised for Explosive Growth
  • FCC Approves $8B Paramount-Skydance Merger Amid Political Controversy
  • FAA Keeps Boeing 737 MAX Production Cap in Place Amid Ongoing Oversight

Category

  • Blog
  • Communication Services
    • Entertainment
    • Internet
    • Telecommunications
  • Companies
    • Large-Cap
    • Mega-Cap
    • Micro-Cap
    • Mid-Cap
    • Small-Cap
  • Consumer Cyclical
    • Auto Manufacturers
    • Casinos & Gambling
    • Ground Transportation
    • Hospitality
      • Casinp
      • Resorts & Lodging
      • Restaurants
      • Travel
        • Airlines
    • Retail
    • Textiles, Apparel & Luxury Goods
  • Consumer Defensive
    • Beverages
    • Discount Stores
    • Distributor
    • Ecommerece
    • Electrical Equipment
    • Foods
    • Household & Personal Products
    • Leisure Products
    • Tobacco
  • Contributions
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Economy
  • Energy
    • Electric
    • Oil & Gas
    • Renewables
  • Financial Services
    • Asset Management
    • Banks
    • Brokerages
    • Credit Services
    • Insurance
  • Healthcare
    • Biotechnology
    • Medical Devices
    • Pharmaceuticals
  • Industrials
    • Aerospace & Defense
    • Construction
    • Industrial Machinery
  • Materials
    • Building Materials
    • Chemicals
    • Gold
    • Mining
    • Silver
    • Steel
  • Q&A's
  • Real Estate
  • Technology
    • Artificial Intelligence
    • Computer Hardware
    • Consumer Electronics
    • Cybersecurity
    • IT Services
    • Semiconductors
    • Software
  • Utilities

Latest News

trading-chart-2

Qualcomm Posts Strong Q3 Results, Fueled by Automotive and IoT Growth

July 30, 2025

Palo Alto Networks Eyes $20B Deal for CyberArk

July 29, 2025
trading-chart

AMD and Amazon: Two Titans Poised for Explosive Growth

July 28, 2025
  • About
  • Privacy Policy
  • Contact

© 2024 All Rights Reserved: STOXPO.

No Result
View All Result
  • Latest News
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Technology
    • Software
    • Semiconductors
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions

© 2024 All Rights Reserved: STOXPO.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More

In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information

Accept Cookie Settings
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Always Active
    Necessary
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
Cookie Settings

Do you really wish to opt-out?