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Synopsys (SNPS) Q2 2026 Earnings Transcript
MOTLEY FOOL TRANSCRIBING, THE MOTLEY FOOL
Thu, May 28, 2026 at 6:48 AM GMT+8
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Chief Financial Officer — Shelagh Glaser
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Total Revenue -- $2.276 billion, exceeding company guidance, reflecting broad-based strength across segments, including the integration of ANSYS (NASDAQ: ANSS)
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By Svea Herbst-Bayliss
NEW YORK, May 27 (Reuters) – Chip design software maker Synopsys has reached an agreement with activist investor Elliott Investment Management that will give one board seat to the activist investor’s managing partner Jesse Cohn, the company said on Wednesday.
The board is being expanded to 11 members with the appointment of Cohn, who will also join the board’s corporate
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Synopsys reports Q2 2026 earnings, raises FY26 guidance
The EDA giant beat analyst expectations again and bumped its full-year outlook, reinforcing its position as a key beneficiary of the AI chip boo
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Synopsys reaches settlement with Elliott, says Jesse Cohn to join board
Synopsys logo is seen in this illustration taken September 9, 2025. REUTERS/Dado Ruvic/Illustration
28 May 2026 04:11AM
(Updated: 28 May 2026 05:28AM)
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SynopsysSNPS late Wednesday handily beat estimates for its fiscal second quarter and with its outlook for the current quarter and full year. But SNPS stock fell in extended trading.
The Sunnyvale, Calif.-based provider of electronic design automation (EDA) tools earned an adjusted $3.35 a share on sales of $2.28 billion in the quarter ended April 30. Analysts polled by FactSet had expected earnin
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