Synopsys Inc. (SNPS) reported first quarter EPS of $0.94 after the bell Wednesday, up from $0.68 in the previous year. The consensus estimate was for EPS of $0.78. The stock is now up 4.24 on 26K shares.
Synopsys climbed until mid-morning Wednesday, before settling into a range. The stock closed up by 0.42 at $66.26. Synopsys has been on an upward trend since early January and set a new high for the year.
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