Sector • Technology Industry • Software & Programming |
Industry • Software & Programming |
Sector • Technology |
Exceptional 24.885%, jump in revenue by Synopsys Inc in the fiscal second quarter of 2022
Synopsys Inc announced second quarter of 2022 operating income of $363.701 million
Published May 21 2022
CSIMarket Team / CSIMarket.com
Sequentially EPS decreased by -5.03 % from $1.99 per share and revenue grew by 0.706 % from $1.27 billion.
Net earnings of $293.892 million in the financial second quarter of 2022 increased by 50.87 % from net earnings of $194.802 million reported in the financial second quarter of 2022 a year ago. Synopsys Inc also emphasized it's improving profit margins, where net margin rose to 22.97% in financial second quarter of 2022, and operating margin edged up to 28.43%.
Operating earnings, however, rose 87.25% to $363.701 million.
Synopsys Inc is expected to report next financial recent numbers on May 19, 2023.
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Other SNPS's news
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Very strong results by the company amid the August to October 31 2022 three months