Synopsys (SNPS) reported fiscal Q1 non-GAAP earnings late Wednesday of $3.03 per diluted share, down from $3.38 a year earlier.
Analysts polled by FactSet expected $2.79.
Revenue in the three months ended Jan. 31 fell to $1.46 billion from $1.51 billion a year earlier.
Analysts surveyed by FactSet expected $1.45 billion.
The company fiscal Q2 non-GAAP EPS of $3.37 to $3.42 on revenue of $1.59 billion to $1.62 billion. Analysts polled by FactSet expect non-GAAP EPS of $3.35 on revenue of $1.60 billion.
The company expects fiscal 2025 non-GAAP EPS of $14.88 to $14.96 on revenue of $6.75 billion to $6.81 billion. Analysts surveyed by FactSet expect EPS of $14.91 on revenue of $6.78 billion.
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