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Technology Stocks : Semi Equipment Analysis
SOXX 299.48-4.8%Dec 12 4:00 PM EST
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To: Return to Sender who wrote (88854)8/17/2022 5:21:46 PM
From: Return to Sender1 Recommendation

Recommended By
Sr K

   of 95574
 
Synopsys beats by $0.11, beats on revs; guides Q4 (Oct) EPS above consensus, revs above consensus; guides FY22 EPS above consensus, revs above consensus

4:08 PM ET 8/17/22 | Briefing.com
Reports Q3 (Jul) earnings of $2.10 per share, excluding non-recurring items, $0.11 better than the S&P Capital IQ Consensus of $1.99; revenues rose 18.0% year/year to $1.25 bln vs the $1.21 bln S&P Capital IQ Consensus. Co issues upside guidance for Q4 (Oct), sees EPS of $1.80-1.85, excluding non-recurring items, vs. $1.71 S&P Capital IQ Consensus; sees Q4 revs of $1.263-1.293 bln vs. $1.24 bln S&P Capital IQ Consensus. Co issues upside guidance for FY22, sees EPS of $8.80-8.85, excluding non-recurring items, vs. $8.46 S&P Capital IQ Consensus; sees FY22 revs of $5.06-5.09 bln vs. $4.97 bln S&P Capital IQ Consensus.

SNPS is a chip design company. Doing well despite any kind of economic downturn so far. CDNS is a competitor. Its chart is below as well. RtS



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