Investing.com -- Synopsys reported Wednesday better-than-expected fourth-quarter results as the chip designer benefited from the wave of AI-led semiconductor demand.
Synopsys Inc (NASDAQ:SNPS) shares gained more than 1% in after-hours trade following the report.
Synopsys reported adjusted EPS of $3.17 on revenue of $1.59B. Analysts polled by Investing.com anticipated EPS of $3.04 on revenue of $1.58B.