04:30 PM EDT, 08/21/2024 (MT Newswires) -- Synopsys ( SNPS ) reported fiscal Q3 non-GAAP earnings late Wednesday of $3.43 per diluted share, up from $2.70 a year earlier.

Analysts polled by Capital IQ expected $3.29.

Revenue in the quarter ended July 31 rose to $1.53 billion from $1.35 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.52 billion.

The company said it expects fiscal Q4 non-GAAP EPS of $3.27 to $3.32 on revenue of $1.61 billion to $1.64 billion.

Analysts polled by Capital IQ expect EPS of $3.24 and revenue of $1.61 billion.

For fiscal 2024, the company now expects non-GAAP EPS of $13.07 to $13.12 on revenue of $6.11 billion to $6.14 billion.

Analysts surveyed by Capital IQ expect EPS of $12.96 on revenue of $6.13 billion.

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