Cadence Design Systems (CDNS) Beats Q2 EPS; Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/30/2026
- Wall Street closes sharply lower as AI cash burn fears spark tech selloff
- Amazon burns cash, Intel flags weak PC demand as AI boom's costs ripple across markets
- Bitcoin, cryptocurrency prices fall after Binance reports security issue
- Higher yields now hurting AI stock bull as bond markets police capex: BofA
- Oil jumps 2%, settles at 6-month highs on fears of escalation in Iran
Tweet
Share
E-mail
Get Alerts CDNS Hot Sheet
Price: $327.89 -4.34%
Financial Fact:
Income (loss) before provision (benefit) for income taxes: 63.63M
Today's EPS Names:
OPY, BNCC, ZVOI, More
Financial Fact:
Income (loss) before provision (benefit) for income taxes: 63.63M
Today's EPS Names:
OPY, BNCC, ZVOI, More
Join SI Premium – FREE
(Updated - July 24, 2023 4:31 PM EDT)
Cadence Design Systems (NASDAQ: CDNS) reported Q2 EPS of $1.22, $0.04 better than the analyst estimate of $1.18. Revenue for the quarter came in at $976.58 million versus the consensus estimate of $975.99 million.
GUIDANCE:
Cadence Design Systems sees FY2023 EPS of $5.05-$5.11, versus the consensus of $5.03. Cadence Design Systems sees FY2023 revenue of $4.05-4.09 billion, versus the consensus of $4.06 billion.
For earnings history and earnings-related data on Cadence Design Systems (CDNS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Evercose ISI downgrades Reddit, says monetization may not offset traffic weakness
- Stifel on FedEx Freight (FDXF): 'Enters Its Post-Breakup Era - Time to Hit the Gym and Focus on Itself'
- New Break Resources plans $550,000 flow-through share offering
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
