(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.

Earnings