Cadence Design Systems (CDNS) Tops Q2 EPS by 1c; Guides Q3, FY12

Cadence Design Systems (NASDAQ: CDNS) reported Q2 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $326 million versus the consensus estimate of $321.13 million.

Cadence Design Systems sees Q3 2012 EPS of $0.18-$0.19, versus the consensus of $0.17. Cadence Design Systems sees Q3 2012 revenue of $325-$335 million, versus the consensus of $232.6 million.

Cadence Design Systems sees FY2012 EPS of $0.70-$0.74, versus the consensus of $0.72. Cadence Design Systems sees FY2012 revenue of $1.3-$1.32 million, versus the consensus of $1.29 million.

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

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