Cadence Reports Third Quarter 2016 Financial Results

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Cadence Design Systems (CDNS) Tops Q3 EPS by 2c, Offers Q4 Guidance

October 24, 2016 4:10 PM EDT

Cadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.30, $0.02 better than the analyst estimate of $0.28. Revenue for the quarter came in at $446.2 million versus the consensus estimate of $446.52 million.

GUIDANCE:

Cadence Design Systems sees Q4 2016 EPS of $0.32-$0.34, versus the... More