Cadence Design Systems (CDNS) Tops Q3 EPS by 2c, Offers Q4 Guidance
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Cadence Reports Third Quarter 2015 Financial Results
October 26, 2015 4:05 PM EDTSAN JOSE, Calif., Oct. 26, 2015 /PRNewswire/ -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the third quarter of fiscal year 2015.
Cadence reported third quarter 2015 revenue of $434 million, compared to revenue of $400 million reported for the same period in 2014. On a GAAP basis, Cadence recognized net income of $78 million, or $0.25 per share on a diluted basis, in the third quarter of 2015, compared to net income of $38 million, or $0.12 per share on a diluted basis, for... More
