Back to top

Image: Bigstock

Synopsys Inc.

Read MoreHide Full Article

Synopsys offers electronic design automation (EDA) software to the semiconductor and electronics industries. Continuing with its earnings streak, The company yet again posted better-than-expected bottom-line results in the third quarter of fiscal 2015. Furthermore, the bullish fiscal 2015 guidance is encouraging. However, intense competition,  challenging IT spending environment and uncertainty regarding the timeline for realization of acquisition synergies remain the headwinds. Nonetheless, the company’s recent product launches, buyouts and deal wins will boost results. Additionally, unique intellectual properties and global support provided by the company should drive results, going ahead.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Synopsys, Inc. (SNPS) - free report >>