From Financial Modeling Prep: 2024-12-05 10:35:00

Synopsys (NASDAQ:SNPS) stock fell over 7% in pre-market trading due to weaker-than-expected guidance for Q1 and fiscal year, despite beating Q4 estimates with $3.40 EPS and $1.64 billion revenue. Q1 outlook of $2.77-$2.82 EPS and $1.44-$1.47 billion revenue missed analyst expectations of $3.52 EPS and $1.64 billion revenue.

Full-year forecast of $14.88-$14.96 EPS and $6.75-$6.81 billion revenue also fell short of Street estimates of $14.89 EPS and $6.91 billion revenue. Analysts from Morgan Stanley expressed concerns over the disappointing guidance, suggesting it may impact investor interest in the semiconductor sector.



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