12:48 pm Synopsys Gets Boost from Earnings Results
Synopsys (SNPS 41.59, +2.29), a software, IP, and services company catering to the needs of the semiconductor industry, has gotten a nice boost following the company's fiscal third quarter earnings report.
Non-GAAP earnings of $0.65 per share were better than expected and up 18% from the year-ago period. Revenues of $521.8 million marked an 8% increase from the third quarter of fiscal 2013.
The healthy increase in EPS wasn't a function of share buyback activity either. Actually,the number of shares used in its EPS calculation …More