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Valued at more than $60 billion by market cap, Sunnyvale, California-based Synopsys, Inc. (SNPS) delivers trusted and comprehensive silicon-to-systems design solutions, from electronic design automation to silicon IP and system verification and validation.
The tech giant is expected to announce its second-quarter results on Wednesday, May 28. Ahead of the event, analysts expect SNPS to report an adjusted EPS of $2.40, marking a 12.2% increase from $2.14 reported in the year-ago quarter. Moreover, the company has surpassed the Street’s bottom-line estimates in each of the past four quarters.
