Cadence Reports First Quarter 2015 Financial Results

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Go back to Cadence Reports First Quarter 2015 Financial Results

Cadence Designs (CDNS) PT Lifted to $21 at Needham & Company Amid 'Solid' Q1

April 28, 2015 9:05 AM EDT

Needham & Company analyst Richard Valera reiterated a Buy rating and lifted his price target on Cadence Designs (NASDAQ: CDNS) to $21.00 (from $19.00) following "solid" Q1 results with an increased buyback plan. The analyst notes Emulation is on track.

Valera commented, "Cadence... More

Cadence Design Systems (CDNS) Tops Q1 EPS by 2c

April 27, 2015 4:24 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q1 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $411 million versus the consensus estimate of $409.11 million.

Cadence Design Systems sees Q2 2015 EPS of $0.23-$0.25, versus the consensus of $0.24. Cadence Design... More