Cadence Design Systems (CDNS) Tops Q3 EPS by 5c

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.80, $0.05 better than the analyst estimate of $0.75. Revenue for the quarter came in at $751 million versus the consensus estimate of $744.26 million.

GUIDANCE:

Cadence Design Systems sees Q4 2021 EPS of $0.76-$0.80, versus the consensus of $0.75. Cadence Design Systems sees Q4 2021 revenue of $745-765 million, versus the consensus of $746 million.

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

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