Synopsys Inc
SNPS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !W$ | LOCK|n> | LOCK|^v?#h!?c |
Synopsys Earnings: Solid Beat and Raise Quarter; Ansys Keeps Growing, Design IP Also Grows
Synopsys reported a solid second quarter, mildly beating our revenue and adjusted EPS expectations. Revenue grew 42% year over year, affected by the Ansys acquisition, and management raised its full-year outlook (EPS guide up 2% at the midpoint).
