Cadence Design Systems (CDNS) Tops Q3 EPS by 2c

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $400 million versus the consensus estimate of $396.2 million.

Cadence Design Systems sees FY2014 EPS of $0.92-$0.94, versus the consensus of $0.94. Cadence Design Systems sees FY2014 revenue of $1.575-1.585 billion, versus the consensus of $1.58 billion.

Cadence Design Systems sees Q4 2014 EPS of $0.26-$0.28, versus the consensus of $0.29. Cadence Design Systems sees Q4 2014 revenue of $417-427 million, versus the consensus of $427.4 million.

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

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