Synopsys climbs after forecasting quarterly profit above estimates

Shares of semiconductor software design firm Synopsys SNPS.O rise 2.5% to $488.5 after hours
Co forecasts Q1 2026 adj EPS between $3.52 and $3.58, above analysts' estimates of $3.32, according to data compiled by LSEG

Reports quarterly revenue of $2.25 bln, compared to $1.63 bln last year
Up to session's close, stock down ~2% YTD