Earnings call transcript: Synopsys beats Q3 2026 estimates, shares slip after hours

Synopsys reported strong fiscal third-quarter 2026 results, exceeding Wall Street expectations with non-GAAP earnings of $3.91 a share on revenue of $2.48 billion. The company raised its full-year outlook, but its shares slipped 1.4% in after-hours trading following the positive earnings report. Management highlighted broad strength across its portfolio, including electronic design automation, design IP, and simulation, with demand supported by rising chip complexity, particularly in AI and advanced packaging.

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