Cadence Design Systems (CDNS) Tops Q3 EPS by 8c, Offers Q4 Guidance

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.49, $0.08 better than the analyst estimate of $0.41. Revenue for the quarter came in at $532 million versus the consensus estimate of $516.45 million.

GUIDANCE:

Cadence Design Systems sees Q4 2018 EPS of $0.46-$0.48, versus the consensus of $0.42. Cadence Design Systems sees Q4 2018 revenue of $545-555 million, versus the consensus of $529.63 million.

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

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