04:47 PM EDT, 05/22/2024 (MT Newswires) -- Synopsys ( SNPS ) reported fiscal Q2 non-GAAP earnings Wednesday of $3.00 per diluted share, up from $2.38 a year earlier.

Analysts polled by Capital IQ expected $3.05.

Revenue in the quarter ended April 30 rose to $1.46 billion from $1.26 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.52 billion.

The company said it expects fiscal Q3 non-GAAP EPS of $3.25 to $3.30 on revenue of $1.51 billion to $1.54 billion.

Analysts polled by Capital IQ expect EPS of $3.22 and revenue of $1.59 billion.

For fiscal 2024, the company now expects non-GAAP EPS of $12.90 to $12.98 on revenue of $6.09 billion to $6.15 billion.

Analysts surveyed by Capital IQ expect EPS of $13.40 on revenue of $6.49 billion.

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