Cadence Designs (CDNS) PT Raised to $22 at Piper Jaffray
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Cadence Reports Second Quarter 2015 Financial Results
July 27, 2015 4:05 PM EDTSAN JOSE, Calif., July 27, 2015 /PRNewswire/ -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the second quarter of fiscal year 2015.
Cadence reported second quarter 2015 revenue of $416 million, compared to revenue of $379 million reported for the same period in 2014. On a GAAP basis, Cadence recognized net income of $58 million, or $0.19 per share on a diluted basis, in the second quarter of 2015, compared to net income of $23 million, or $0.08 per share on a diluted basis, for... More
