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Provider: Thomson Reuters Stock Report
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Synopsys Inc Issues Q2 2013 Guidance; EPS Guidance Above Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance-Conference Call

Wednesday, 20 Feb 2013 10:00pm EST 

Synopsys Inc announced that for second quarter of 2013, it expects revenue to be between $490 million and $500 million, GAAP earnings in the range of $0.38-$0.44 per share, and non-GAAP earnings in the range of $0.63-$0.65 (EPS). For fiscal 2013, it expects revenue between $1.955 billion and $1.975 billion, GAAP earnings per share in the range of $1.44-$1.56, which includes the impact of approximately $70 million in stock-based compensation expense and non-GAAP earnings per share of $2.35-$2.40 which represents solid double-digit year over year growth. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $490 million and EPS of $0.57 for second quarter of 2013; revenue of $1.96 billion and EPS of $2.30 for fiscal 2013. 

Company Quote

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