Cadence Design Systems (CDNS) Tops Q4 EPS by 2c, Offers Q1 Guidance

Cadence Design Systems (NASDAQ: CDNS) reported Q4 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $308 million versus the consensus estimate of $300.47 million.

Cadence Design Systems sees Q1 2012 EPS of $0.14-$0.16, versus the consensus of $0.14. Cadence Design Systems sees Q1 2012 revenue of $305-$315 million, versus the consensus of $292.87 million.

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

• Goldman Sachs Downgrades Norsk Hydro SA (NHY:NO) (NHYDY) to Neutral
• Tompkins Financial (TMP) Tops Q3 EPS by 5c
• Pfizer's 25-valent pneumococcal vaccine shows Phase 2 results