Cadence Design Systems (CDNS) Tops Q3 EPS by 2c, Offers Q4 Guidance

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.30, $0.02 better than the analyst estimate of $0.28. Revenue for the quarter came in at $446.2 million versus the consensus estimate of $446.52 million.

GUIDANCE:

Cadence Design Systems sees Q4 2016 EPS of $0.32-$0.34, versus the consensus of $0.35. Cadence Design Systems sees Q4 2016 revenue of $463-473 million, versus the consensus of $472.1 million.

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

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