Cadence Design Systems (CDNS) Misses Q3 EPS by 5c

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.29, $0.05 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $485 million versus the consensus estimate of $481.24 million.

GUIDANCE:

Cadence Design Systems sees Q4 2017 EPS of $0.38-$0.40. Cadence Design Systems sees Q4 2017 revenue of $490-500 million.

Cadence Design Systems sees FY 2017 EPS of $1.39-$1.41. Cadence Design Systems sees FY 2017 revenue of $1.931-$1.941 billion.

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

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