Treasurer of the State of North Carolina reduced its stake in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 0.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 71,507 shares of the semiconductor company’s stock after selling 413 shares during the period. Treasurer of the State of North Carolina’s holdings in Synopsys were […]
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Synopsys (NASDAQ:SNPS – Get Free Report) issued its quarterly earnings data on Wednesday. The semiconductor company reported $3.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.03 by ($0.03), Briefing.com reports. Synopsys had a net margin of 22.96% and a return on equity of 22.88%. The business had revenue of $1.45 […]
Synopsys: Chief Executive Sassine Ghazi said demand for the company s core products remained strong, with revenue from them expected to grow 15% this year as customers design their own chips for AI and other purposes.
Synopsys (NASDAQ:SNPS – Get Free Report)‘s stock had its “buy” rating reissued by equities researchers at Needham & Company LLC in a research note issued on Thursday, Benzinga reports. They presently have a $660.00 target price on the semiconductor company’s stock. Needham & Company LLC’s price objective indicates a potential upside of 15.16% from the […]