Synopsys reports second quarter revenue of $2.28 billion, a year-on-year increase of 42%

Adjusted earnings per share (EPS) for the second fiscal quarter were $3.35, compared to $3.67 in the same period last year. Jesse Cohn has been appointed as a director. Full-year revenue is expected to be $9.63 billion to $9.71 billion, while the company previously projected $9.56 billion to $9.66 billion. Full-year adjusted EPS is expected to be $14.70 to $14.80, compared to the company's previous estimate of $14.38 to $14.46. Third-quarter revenue is expected to be $2.41 billion to $2.46 billion, with analysts expecting $2.39 billion. Third-quarter adjusted EPS is expected to be $3.63 to $3.69, with analysts expecting $3.62.