Cadence Design Systems (CDNS) Reports In-Line Q4 EPS

Cadence Design Systems (NASDAQ: CDNS) reported Q4 Non-GAAP EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $502 million versus the consensus estimate of $496.24 million.

GUIDANCE:

Cadence Design Systems sees Q1 2018 GAAP EPS of $0.20-$0.22. Cadence Design Systems sees Q1 2018 revenue of $500-510 million.

Cadence Design Systems sees FY 2018 GAAP EPS of $0.80-$0.90. Cadence Design Systems sees FY 2018 revenue of $2.015-2.055 billion.

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

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