Cadence Design Systems (CDNS) Tops Q3 EPS by 9c, Offers Q4 Guidance

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.70, $0.09 better than the analyst estimate of $0.61. Revenue for the quarter came in at $667 million versus the consensus estimate of $641.47 million.

GUIDANCE:

Cadence Design Systems sees Q4 2020 EPS of $0.72-$0.76, versus the consensus of $0.68. Cadence Design Systems sees Q4 2020 revenue of $720-740 million, versus the consensus of $703 million.

For earnings history and earnings-related data on Cadence Design Systems (CDNS) click here.

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